$DOS breaks to a 30-day high: current price 0.2911, previous high 0.2867.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.2867 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout—a breakout on low volume often turns into a bull trap
What do you think will happen next?
#DOS
NFA. Do your own research.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.2867 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout—a breakout on low volume often turns into a bull trap
What do you think will happen next?
#DOS
NFA. Do your own research.