A little-known market fact for today: $ETH has moved above the 1,900 mark.
To prices, a threshold is just an ordinary number; to us, it’s a psychological line of defense.
On a more serious note, common ways to judge whether a breakout is valid include: closing on the other side of the threshold, failing to fall back below it on a retest, and increased trading volume during the breakout.
Indicators can fail, but risk management should never be absent: deciding in advance what to do if you’re wrong matters more than guessing correctly.
#ETH
To prices, a threshold is just an ordinary number; to us, it’s a psychological line of defense.
On a more serious note, common ways to judge whether a breakout is valid include: closing on the other side of the threshold, failing to fall back below it on a retest, and increased trading volume during the breakout.
Indicators can fail, but risk management should never be absent: deciding in advance what to do if you’re wrong matters more than guessing correctly.
#ETH