$KAT 3.1x volume broke through 0.00476, then a 2.8x-volume bearish candle gave it all back. Textbook calls this a false breakout; I say it’s a shakeout.
Look at the 1h chart: not a single candle has broken the uptrend structure, and it hasn’t even touched 0.00462. I’ll change my tune if it drops to 0.00439.
The people who called the breakout 25 minutes ago must be deleting their posts now. I’m leaving this one up.
Look at the 1h chart: not a single candle has broken the uptrend structure, and it hasn’t even touched 0.00462. I’ll change my tune if it drops to 0.00439.
The people who called the breakout 25 minutes ago must be deleting their posts now. I’m leaving this one up.
