$ONT hits a 30-day high: current price 0.06338, previous high 0.06242.
After the breakout, watch two things:
· Whether the previous high of 0.06242 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout—a low-volume breakout can easily turn into a bull trap
Vote in the comments: up or down?
#ONT
For record-keeping and sharing only; not investment advice.
After the breakout, watch two things:
· Whether the previous high of 0.06242 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout—a low-volume breakout can easily turn into a bull trap
Vote in the comments: up or down?
#ONT
For record-keeping and sharing only; not investment advice.