Friendly Reminder: Don’t put sell orders at Round prices such as $1000, $1500, etc!

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Friendly Reminder: Don’t put sell orders at Round prices such as $1000, $1500, etc!

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.

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!

I know most people probably already do this, but I thought it would be no harm to give everyone a friendly reminder!

submitted by /u/crypto_lad
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