$UAI ｜Breaking above the 0.1 level
How should you understand support and resistance? The more times a price level is tested, the more significant it usually becomes in traders’ minds; however, some argue that repeated tests may also weaken the buying support there.
Round-number levels matter differently for different coins: major coins attract more attention at key round numbers, while round numbers tend to mean much less for small-cap coins.
Don’t place an order during the sharpest moment of volatility. Wait for the candlestick to close and settle before taking a look.
How should you understand support and resistance? The more times a price level is tested, the more significant it usually becomes in traders’ minds; however, some argue that repeated tests may also weaken the buying support there.
Round-number levels matter differently for different coins: major coins attract more attention at key round numbers, while round numbers tend to mean much less for small-cap coins.
Don’t place an order during the sharpest moment of volatility. Wait for the candlestick to close and settle before taking a look.