$IDOL ｜Holding above the 0.023 level
How should you understand support and resistance? Common ways to judge whether a breakdown is valid include: the close is on the other side of the level, the price fails to reclaim it on a retest, and volume picks up as it breaks through.
When the price repeatedly crosses back and forth near a key level, it’s easy to get shaken out on either side. Until the direction becomes clear, keeping your position size small is often the better approach.
Don’t place orders during the fastest-moving minutes. Wait for the candlestick to close before taking a look.
How should you understand support and resistance? Common ways to judge whether a breakdown is valid include: the close is on the other side of the level, the price fails to reclaim it on a retest, and volume picks up as it breaks through.
When the price repeatedly crosses back and forth near a key level, it’s easy to get shaken out on either side. Until the direction becomes clear, keeping your position size small is often the better approach.
Don’t place orders during the fastest-moving minutes. Wait for the candlestick to close before taking a look.
