$ICP broke below the 24-hour low: current price 2.389, previous low 2.4.
After the breakdown, watch two things:
· Whether the previous low of 2.4 turns from support into resistance (the rebound fails to break through)
· Whether volume increased during the breakdown; a low-volume break may just be a bear trap
What do you think?
#ICP
After the breakdown, watch two things:
· Whether the previous low of 2.4 turns from support into resistance (the rebound fails to break through)
· Whether volume increased during the breakdown; a low-volume break may just be a bear trap
What do you think?
#ICP
