$ASTER breaks above the 24-hour high: current price 0.6558, previous high 0.6515.
After the breakout, focus on two things:
· Whether the previous high of 0.6515 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; a breakout on low volume can easily turn out to be a false breakout
Signal or noise?
After the breakout, focus on two things:
· Whether the previous high of 0.6515 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; a breakout on low volume can easily turn out to be a false breakout
Signal or noise?
