$OP broke through the 0.13 level.
A breakout is more reliable when trading volume picks up as the price moves above it. A low-volume surge has a good chance of reversing.
Price and volume need to move in tandem to make a convincing signal; an unusual move in a single candlestick doesn’t tell us much.
A breakout is more reliable when trading volume picks up as the price moves above it. A low-volume surge has a good chance of reversing.
Price and volume need to move in tandem to make a convincing signal; an unusual move in a single candlestick doesn’t tell us much.