$BTC has fallen below the 24-hour low: current price 82554.01, previous low 82600.3.
After the breakdown, watch two things:
· Whether the previous low of 82600.3 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increases as the price breaks below it—a low-volume break could be a false breakdown
Would you make a move or wait and see?
After the breakdown, watch two things:
· Whether the previous low of 82600.3 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increases as the price breaks below it—a low-volume break could be a false breakdown
Would you make a move or wait and see?