$BMT breaks below the 7-day low: current price 0.02229, previous low 0.02234.
After the breakdown, watch two things:
· Whether the previous low of 0.02234 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increases on the breakdown; a low-volume break may be a false breakdown
Where are you looking next?
#BMT
After the breakdown, watch two things:
· Whether the previous low of 0.02234 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increases on the breakdown; a low-volume break may be a false breakdown
Where are you looking next?
#BMT
