The market is up to its old tricks again: $SNDKB has fallen below the 900 mark.
To prices, round-number levels are just numbers; to us, they’re a big deal.
For a bit of serious education: the more often a price level is tested, the more weight it tends to carry in traders’ eyes. But some say repeated tests can also deplete the orders resting there.
Cross-checking several indicators is more reliable than looking at just one, but even multiple signals can’t provide a definitive conclusion.
To prices, round-number levels are just numbers; to us, they’re a big deal.
For a bit of serious education: the more often a price level is tested, the more weight it tends to carry in traders’ eyes. But some say repeated tests can also deplete the orders resting there.
Cross-checking several indicators is more reliable than looking at just one, but even multiple signals can’t provide a definitive conclusion.