$RLC has moved above its 24-hour high: current price 0.5469, previous high 0.5431.
After the breakout, focus on two things:
· Whether the previous high of 0.5431 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; breakouts on declining volume often turn into bull traps
Are you bullish or bearish from here?
#RLC
After the breakout, focus on two things:
· Whether the previous high of 0.5431 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; breakouts on declining volume often turn into bull traps
Are you bullish or bearish from here?
#RLC