Indicator Notes|$ADA |Falls below the 0.19 threshold
First, a definition: Even among round-number thresholds, the larger the number, the more attention it usually attracts. For example, major thresholds like 10,000 or 100,000 tend to stand out more than ordinary round numbers.
Now, how to read it: When the price swings back and forth around a threshold, both bulls and bears can get shaken out. Until the direction becomes clear, keeping your position small may be the better choice.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are running high.
#ADA
First, a definition: Even among round-number thresholds, the larger the number, the more attention it usually attracts. For example, major thresholds like 10,000 or 100,000 tend to stand out more than ordinary round numbers.
Now, how to read it: When the price swings back and forth around a threshold, both bulls and bears can get shaken out. Until the direction becomes clear, keeping your position small may be the better choice.
Learning to read indicators is easy; the hard part is sticking to your plan when emotions are running high.
#ADA
