$CRV hits a 24-hour high: current price 0.3419, previous high 0.3397.
After the breakout, two key things to watch:
· Whether the previous high of 0.3397 can turn from resistance into support (holds on a retest)
· Whether volume increased during the breakout; breakouts on low volume often turn into bull traps.
How do you interpret these figures?
After the breakout, two key things to watch:
· Whether the previous high of 0.3397 can turn from resistance into support (holds on a retest)
· Whether volume increased during the breakout; breakouts on low volume often turn into bull traps.
How do you interpret these figures?