$UAI broke through the 0.09 level, 362 days since it last reached this point.
A beginner's burning question: How should we understand support and resistance?
Previous highs and lows are the most commonly used reference levels: the experience of being turned back or not falling further at those levels last time can influence decisions when the price reaches them again.
To the price, a round-number level is just an ordinary number; to people, it's a big deal.
Don't place orders during the few minutes when the market is moving fastest. Wait for the candlestick to close before deciding.
A beginner's burning question: How should we understand support and resistance?
Previous highs and lows are the most commonly used reference levels: the experience of being turned back or not falling further at those levels last time can influence decisions when the price reaches them again.
To the price, a round-number level is just an ordinary number; to people, it's a big deal.
Don't place orders during the few minutes when the market is moving fastest. Wait for the candlestick to close before deciding.