$EVAA breached the 24-hour low: current price 1.1012, previous low 1.1074.
After the breakdown, watch two things:
· Whether the previous low of 1.1074 turns from support into resistance (price fails to break back above it on a rebound)
· Whether trading volume increases during the breakdown; a low-volume break could be a false breakdown
Which do you pay more attention to: technicals or news?
After the breakdown, watch two things:
· Whether the previous low of 1.1074 turns from support into resistance (price fails to break back above it on a rebound)
· Whether trading volume increases during the breakdown; a low-volume break could be a false breakdown
Which do you pay more attention to: technicals or news?
