📌 Latest data: $JCT ｜Breaking through the 0.006 level
· What it is: Previous highs and lows are the most common key price levels. The fact that price was turned back or supported at those levels last time often influences buying and selling when it returns there.
· How to read them: Round-number levels mean different things for different coins. Major round-number levels attract more attention for large-cap coins, while round numbers often matter much less for smaller coins.
Sizing your position based on your stop-loss distance is far more reliable than placing trades by feel.
#JCT
· What it is: Previous highs and lows are the most common key price levels. The fact that price was turned back or supported at those levels last time often influences buying and selling when it returns there.
· How to read them: Round-number levels mean different things for different coins. Major round-number levels attract more attention for large-cap coins, while round numbers often matter much less for smaller coins.
Sizing your position based on your stop-loss distance is far more reliable than placing trades by feel.
#JCT