$SAND Breaks below the 30-day low: current price 0.03707, previous low 0.03789.
After the breakdown, watch two things:
· Whether the previous low of 0.03789 turns from support into resistance (the rebound fails to break above it)
· Whether trading volume increases during the breakdown; a low-volume break could be a false breakdown
Leave a comment with your prediction, and review it later.
#SAND
After the breakdown, watch two things:
· Whether the previous low of 0.03789 turns from support into resistance (the rebound fails to break above it)
· Whether trading volume increases during the breakdown; a low-volume break could be a false breakdown
Leave a comment with your prediction, and review it later.
#SAND