$LA hits a new 24-hour high: current price 0.0581, previous high 0.05809.
After the breakout, two things are key:
· Whether the previous high of 0.05809 turns from resistance into support (holds on a retest)
· Whether volume picked up during the breakout—a breakout without volume can easily turn into a bull trap
Which signal would you trust?
#LA
DYOR, and trade rationally.
After the breakout, two things are key:
· Whether the previous high of 0.05809 turns from resistance into support (holds on a retest)
· Whether volume picked up during the breakout—a breakout without volume can easily turn into a bull trap
Which signal would you trust?
#LA
DYOR, and trade rationally.