$LIT breaks above the 24-hour high: current price 3.4282, previous high 3.4195.
After the breakout, focus on two things:
· Whether the previous high of 3.4195 turns from resistance into support (holds on a pullback)
· Whether trading volume increased during the breakout; a low-volume breakout can easily turn into a false breakout
What do you think will happen next?
After the breakout, focus on two things:
· Whether the previous high of 3.4195 turns from resistance into support (holds on a pullback)
· Whether trading volume increased during the breakout; a low-volume breakout can easily turn into a false breakout
What do you think will happen next?
