$JCT hit a new high for the past 180 days: the previous high was 0.00916, and the current price is 0.01235.
A new six-month high is significant, as it indicates the price has moved out of a larger-range trading zone. Trading volume also rose to 2.3 times its previous level, so this breakout wasn’t a false move on low volume.
Rather than guessing a price target, watch to see whether 0.00916 turns from resistance into support.
#JCT
A new six-month high is significant, as it indicates the price has moved out of a larger-range trading zone. Trading volume also rose to 2.3 times its previous level, so this breakout wasn’t a false move on low volume.
Rather than guessing a price target, watch to see whether 0.00916 turns from resistance into support.
#JCT