$TA is above its 24-hour high: current price 0.1169, previous high 0.1123.
After the breakout, two key things to watch:
· Whether the previous high of 0.1123 turns from resistance into support (and holds on a retest)
· Whether trading volume increases during the breakout—breakouts on low volume often turn into bull traps
Cast your vote in the comments: up or down?
The market can change in an instant, so don’t rush to conclusions.
After the breakout, two key things to watch:
· Whether the previous high of 0.1123 turns from resistance into support (and holds on a retest)
· Whether trading volume increases during the breakout—breakouts on low volume often turn into bull traps
Cast your vote in the comments: up or down?
The market can change in an instant, so don’t rush to conclusions.