Fakeouts and Breakouts to look out for right NOW in $ACSUSDLadies and gentlemen, probably the most important thing to look out for to confirm a bullish trend continuation is not just the breakout of the range, but surpassing the previous relative high, and then confirmation with a test of support located at that high.
Here on the one hour chart be immediately wary of any price action approaching the lower boundaries of the Bollinger bands, though that could lead to a very bullish bounce, just keep your eyes peeled in case it snowballs very quickly.
The arrows are common examples of how price might behave in Fakeout/Breakout/Breakdown scenarios... Be wary of price getting married to a support or resistance line and not moving when previously anticipated, pay close attention to which side of the line it is on and if the range is tightening or getting loose and messy. COINBASE:ACSUSD CRYPTO:ACSAUSD