$ICNT ｜Breaking above the 0.35 level
Before looking at fund flows, first understand the key price levels.
A large number of stop-loss orders often cluster around these levels. If the price breaks through, those stops may be triggered all at once, causing volatility to spike.
It’s not uncommon for the price to break through a level and then fall back, so many people wait for confirmation at the candle close rather than following the move the moment it breaks through.
Don’t let a single indicator derail your original plan, and never gamble borrowed money on a particular reading.
#ICNT
Before looking at fund flows, first understand the key price levels.
A large number of stop-loss orders often cluster around these levels. If the price breaks through, those stops may be triggered all at once, causing volatility to spike.
It’s not uncommon for the price to break through a level and then fall back, so many people wait for confirmation at the candle close rather than following the move the moment it breaks through.
Don’t let a single indicator derail your original plan, and never gamble borrowed money on a particular reading.
#ICNT
