$AKE has moved above the 0.0038 level.
I used to wonder why everyone watched round-number levels. Then I realized: there’s nothing special about the levels themselves. It’s because so many people watch them and place orders around them that prices tend to become more volatile when they reach those levels.
Round-number levels matter more for some coins than others: lots of people pay attention to major levels for large-cap coins, while round numbers usually matter much less for smaller coins.
Calculating your position size based on where you place your stop-loss is much more reliable than just guessing.
I used to wonder why everyone watched round-number levels. Then I realized: there’s nothing special about the levels themselves. It’s because so many people watch them and place orders around them that prices tend to become more volatile when they reach those levels.
Round-number levels matter more for some coins than others: lots of people pay attention to major levels for large-cap coins, while round numbers usually matter much less for smaller coins.
Calculating your position size based on where you place your stop-loss is much more reliable than just guessing.