$ETHFI broke through the 24-hour high: current price 0.6454, previous high 0.6386.
After the breakout, focus on two things:
· Whether the previous high of 0.6386 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; a breakout on low volume can easily turn into a bull trap
What confirmation are you waiting for before making a move?
#ETHFI
After the breakout, focus on two things:
· Whether the previous high of 0.6386 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; a breakout on low volume can easily turn into a bull trap
What confirmation are you waiting for before making a move?
#ETHFI
