$JCT Breaks through the 30-day high: current price 0.00248, previous high 0.002176.
After the breakout, there are two key things to watch:
· Can 0.002176, the previous high, turn from resistance into support (a pullback that doesn’t break)
· Was there increased volume during the breakout? Breakouts on low volume are more likely to turn into false breakouts
Will you chase it, or wait?
#JCT
Content is for reference only and does not constitute investment advice. DYOR.
After the breakout, there are two key things to watch:
· Can 0.002176, the previous high, turn from resistance into support (a pullback that doesn’t break)
· Was there increased volume during the breakout? Breakouts on low volume are more likely to turn into false breakouts
Will you chase it, or wait?
#JCT
Content is for reference only and does not constitute investment advice. DYOR.