$ETHFI broke below the 24-hour low: current price 0.6765, previous low 0.6796.
After the breakdown, watch two things:
Whether the previous low of 0.6796 turns from support into resistance (if the price rebounds but fails to reclaim it)
Whether trading volume increased during the breakdown; a break on low volume may just be a bear trap
Describe your current assessment in one sentence?
#ETHFI
After the breakdown, watch two things:
Whether the previous low of 0.6796 turns from support into resistance (if the price rebounds but fails to reclaim it)
Whether trading volume increased during the breakdown; a break on low volume may just be a bear trap
Describe your current assessment in one sentence?
#ETHFI