$DATAIP broke to a 7-day high: current price 0.2213, previous high 0.2198.
After the breakout, keep an eye on two things:
· Whether the previous high of 0.2198 turns from resistance into support (and holds on a retest)
· Whether the breakout is backed by volume; a breakout on declining volume can easily turn into a bull trap
Which direction are you more bullish on?
#DATAIP
After the breakout, keep an eye on two things:
· Whether the previous high of 0.2198 turns from resistance into support (and holds on a retest)
· Whether the breakout is backed by volume; a breakout on declining volume can easily turn into a bull trap
Which direction are you more bullish on?
#DATAIP