A new low for $KORUB 24 hours, current price 7.83, previous low 7.93.
After a new low, three common patterns are:
① A rebound gets pushed back down at the previous low: the decline continues
② The price moves sideways near the previous low: consolidation while waiting for direction
③ The price quickly recovers the previous low and holds above it: a false breakdown
The price is currently below the previous low. Watch whether it follows ① or ②.
After a new low, three common patterns are:
① A rebound gets pushed back down at the previous low: the decline continues
② The price moves sideways near the previous low: consolidation while waiting for direction
③ The price quickly recovers the previous low and holds above it: a false breakdown
The price is currently below the previous low. Watch whether it follows ① or ②.