$ETH breaks below the 24-hour low: current price 2480.34, previous low 2482.02.
After the breakdown, watch for two things:
· Will the previous low of 2482.02 turn from support into resistance (the price fails to reclaim it on a rebound)?
· Was there a surge in volume during the breakdown? A break on low volume could be a false breakdown.
Do you buy these signals?
#ETH
After the breakdown, watch for two things:
· Will the previous low of 2482.02 turn from support into resistance (the price fails to reclaim it on a rebound)?
· Was there a surge in volume during the breakdown? A break on low volume could be a false breakdown.
Do you buy these signals?
#ETH