$AKE |Lost the 0.0045 level (current price 0.005368, now back above it)
Before looking at capital flows, first understand the key price levels.
The longer it's been since the price last reached this level, the more likely the distribution of holdings around this area has changed. The balance of bullish and bearish forces from before may no longer hold.
Round-number levels mean different things for different coins: many people watch major round-number levels for top coins, while round numbers often carry much less significance for smaller coins.
Don't change your original strategy just because of a number, and don't use borrowed money to test a reading.
#AKE
This is not investment advice. Don't copy it blindly.
Before looking at capital flows, first understand the key price levels.
The longer it's been since the price last reached this level, the more likely the distribution of holdings around this area has changed. The balance of bullish and bearish forces from before may no longer hold.
Round-number levels mean different things for different coins: many people watch major round-number levels for top coins, while round numbers often carry much less significance for smaller coins.
Don't change your original strategy just because of a number, and don't use borrowed money to test a reading.
#AKE
This is not investment advice. Don't copy it blindly.
