$LINK broke through the 24-hour high: current price 13.244, previous high 13.107.
After the breakout, two things are key:
· Can the previous high of 13.107 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? A breakout on low volume can easily turn into a false breakout.
What confirmation do you need before entering?
#LINK
Stay calm and manage your position size.
After the breakout, two things are key:
· Can the previous high of 13.107 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? A breakout on low volume can easily turn into a false breakout.
What confirmation do you need before entering?
#LINK
Stay calm and manage your position size.