$ENA broke through the 0.13 level, 85 days after it last reached this point.
Large numbers of orders tend to cluster around round-number levels, so let's start by discussing why these levels matter.
A large number of stop-loss orders are usually placed near these levels. If the price moves past one, those stops are triggered together, often causing volatility to spike suddenly.
Learning to read indicators isn't hard. The real challenge is sticking to your rules when emotions are running highest.
Large numbers of orders tend to cluster around round-number levels, so let's start by discussing why these levels matter.
A large number of stop-loss orders are usually placed near these levels. If the price moves past one, those stops are triggered together, often causing volatility to spike suddenly.
Learning to read indicators isn't hard. The real challenge is sticking to your rules when emotions are running highest.