$BR 5 minutes: sharply down 3%, current price 0.639, 24h range 0.4362 ~ 0.734.
A valid breakout is often accompanied by high volume, while a false breakout often comes with low volume. This is one of the indicators I rely on most.
When the price drops this much in a short time, panic selling often surges all at once. Wait for the selling pressure to clear before reassessing.
This is just my opinion for discussion; trade at your own risk.
A valid breakout is often accompanied by high volume, while a false breakout often comes with low volume. This is one of the indicators I rely on most.
When the price drops this much in a short time, panic selling often surges all at once. Wait for the selling pressure to clear before reassessing.
This is just my opinion for discussion; trade at your own risk.