$CC breaks above the 24-hour high: current price 0.1018, previous high 0.1012.
After the breakout, two key things to watch:
· Whether the previous high of 0.1012 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; a breakout without volume can easily turn into a bull trap
Bullish or bearish?
#CC
After the breakout, two key things to watch:
· Whether the previous high of 0.1012 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; a breakout without volume can easily turn into a bull trap
Bullish or bearish?
#CC
