Rose 2.28% in $US 5 minutes, to 0.02718, with a 24h range of 0.01647 ~ 0.0364.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often isn’t. This is the method I use most often to judge them.
The uptrend looks quite strong, but the market has never been short of examples of prices being pushed up and then giving back their gains. A little extra caution doesn’t hurt.
#US
Markets involve risk. Trade with caution.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often isn’t. This is the method I use most often to judge them.
The uptrend looks quite strong, but the market has never been short of examples of prices being pushed up and then giving back their gains. A little extra caution doesn’t hurt.
#US
Markets involve risk. Trade with caution.