$EPIC broke through the 0.25 level.
Getting back above this level helps restore confidence, but whether it signals a reversal in direction will depend on the next few candlesticks.
A valid breakout is often accompanied by increased volume, while a false breakout often comes without it. This is one of the filters I pay close attention to.
Getting back above this level helps restore confidence, but whether it signals a reversal in direction will depend on the next few candlesticks.
A valid breakout is often accompanied by increased volume, while a false breakout often comes without it. This is one of the filters I pay close attention to.