$XMR is trading above its 24-hour high: current price 570.17, previous high 567.76.
After the breakout, there are two key things to watch:
· Whether the previous high of 567.76 can turn from resistance into support (holding on a retest)
· Whether the breakout is accompanied by volume; breakouts without volume often turn out to be false breakouts
How would you respond?
#XMR
After the breakout, there are two key things to watch:
· Whether the previous high of 567.76 can turn from resistance into support (holding on a retest)
· Whether the breakout is accompanied by volume; breakouts without volume often turn out to be false breakouts
How would you respond?
#XMR