A valid breakout needs volume to back it up; low-volume breakouts usually fall back into the range.
Take this one today: options on 2,576 BTC and 26,100 ETH expire on a certain exchange.
The key is to watch the order of price moves and news: whether the market reacts in advance or only moves after the news comes out means different things.
$BTC (24h +0.11%).
Take this one today: options on 2,576 BTC and 26,100 ETH expire on a certain exchange.
The key is to watch the order of price moves and news: whether the market reacts in advance or only moves after the news comes out means different things.
$BTC (24h +0.11%).