04-15-2021, 10:42 PM
Friendly Reminder: Don't put sell orders at Round prices such as $1000, $1500, etc!
<!-- SC_OFF --><div class="md"><p>Just reminding people (regardless of which crypto your planning to sell) to not put sell orders at round numbers $1, $10, $1000, etc, as this adds to the resistance for that crypto at those psychological price levels. </p> <p>Instead, put sell orders a few percent above or below those prices. This will reduce resistance at psychological price levels, which will do the rest of the crypto community a huge favour by making it easier for each crypto to break through specific price levels!</p> <p>I know most people probably already do this, but I thought it would be no harm to give everyone a friendly reminder!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crypto_lad"> /u/crypto_lad </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrbsm7/friendly_reminder_dont_put_sell_orders_at_round/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrbsm7/friendly_reminder_dont_put_sell_orders_at_round/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Just reminding people (regardless of which crypto your planning to sell) to not put sell orders at round numbers $1, $10, $1000, etc, as this adds to the resistance for that crypto at those psychological price levels. </p> <p>Instead, put sell orders a few percent above or below those prices. This will reduce resistance at psychological price levels, which will do the rest of the crypto community a huge favour by making it easier for each crypto to break through specific price levels!</p> <p>I know most people probably already do this, but I thought it would be no harm to give everyone a friendly reminder!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crypto_lad"> /u/crypto_lad </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrbsm7/friendly_reminder_dont_put_sell_orders_at_round/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mrbsm7/friendly_reminder_dont_put_sell_orders_at_round/">[comments]</a></span>Kind Regards R