noticed a lot of breakouts popping up today, but most of them feel a bit thin.
when volume doesn't rise with the price move, it's often just a fakeout, the extra trades are what give a breakout credibility.
by the way, $BTC is at $75,910, down 0.48% and $ETH at $2,240, down 0.18% as I write this. i saw a similar pattern on a small alt yesterday and it fizzed out fast.
what's your go-to confirmation signal?
#CryptoTips #BinanceSquare
when volume doesn't rise with the price move, it's often just a fakeout, the extra trades are what give a breakout credibility.
by the way, $BTC is at $75,910, down 0.48% and $ETH at $2,240, down 0.18% as I write this. i saw a similar pattern on a small alt yesterday and it fizzed out fast.
what's your go-to confirmation signal?
#CryptoTips #BinanceSquare
