$ARB broke through the 0.17 level.
A newbie’s burning question: Why do round-number levels matter?
A support level is an area where prices have repeatedly stopped falling in the past, while a resistance level is an area where prices have repeatedly struggled to rise.
On a candlestick chart, a price level is just a number, but to people it can be a psychological barrier.
The same data can mean very different things under different market conditions, so don’t blindly apply a rule of thumb.
#ARB
Just sharing my opinion; this is not investment advice.
A newbie’s burning question: Why do round-number levels matter?
A support level is an area where prices have repeatedly stopped falling in the past, while a resistance level is an area where prices have repeatedly struggled to rise.
On a candlestick chart, a price level is just a number, but to people it can be a psychological barrier.
The same data can mean very different things under different market conditions, so don’t blindly apply a rule of thumb.
#ARB
Just sharing my opinion; this is not investment advice.
