$CARV rises above the 7-day high: current price 0.03492, previous high 0.03436.
After the breakout, two things are key:
Can the previous high of 0.03436 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on declining volume can easily turn into a bull trap.
Which signal do you trust more?
#CARV
After the breakout, two things are key:
Can the previous high of 0.03436 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on declining volume can easily turn into a bull trap.
Which signal do you trust more?
#CARV
