$AKE broke through the 0.005 level.
Folks, what do support and resistance mean? Here’s the explanation in a nutshell👇
Even when they’re all round-number levels, the bigger the number, the more people tend to watch it. For example, major levels like 10,000 or 100,000 tend to attract more attention than ordinary round numbers.
When the price keeps swinging back and forth around a key level, both bulls and bears can easily get stopped out repeatedly. It’s often better to sit tight until the direction becomes clear.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to pick one by gut feeling.
#AKE
Folks, what do support and resistance mean? Here’s the explanation in a nutshell👇
Even when they’re all round-number levels, the bigger the number, the more people tend to watch it. For example, major levels like 10,000 or 100,000 tend to attract more attention than ordinary round numbers.
When the price keeps swinging back and forth around a key level, both bulls and bears can easily get stopped out repeatedly. It’s often better to sit tight until the direction becomes clear.
It’s much more reliable to work out your position size based on where you’ll place your stop-loss than to pick one by gut feeling.
#AKE
