Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I usually dont care about TA.. but as i try to find something to chill me out.. i see $11500 can be a tough price to break.
We were rejected there at the end of nov 2017.. and again in January, February and in March 2018...
But as the honey badger doesnt care, he will chew and eat this resistance this time
We were rejected there at the end of nov 2017.. and again in January, February and in March 2018...
But as the honey badger doesnt care, he will chew and eat this resistance this time
There is one big difference.
Nov/2017 broke after like 2 weeks.
Jan, Feb, and Mar 2018 didn't because it was a bear market.
Now it is the bull again. If we get rejected this time, it will succeed in a week or two.
You better learn some TA. It may work or not but it definitely creates some awareness which can make a real difference on your trading decisions in a good way.
If I knew what a bear market is, I would definitely have sold some when it was $15k after falling from $20k.