Post
Topic
Board Speculation
Re: Analysis of recent charts
by
F_Societys
on 28/08/2020, 07:35:25 UTC

Breaking support will be tested 11100 times.
Under these circumstances, it is not appropriate to take a short position until the emotional processes are neutralized.

Thank you for taking the time to read. Good luck Smiley
Price do hover somewhere between 11200- 12000 and indeed that we are trying to break that 12k barrier just like on what we have done and hope when we are still below in 10k price.

For now the thing we can only do is to wait up for that time to happen.We dont know on how long again this market will move in sideways or in consolidation but basing of the movement then

it might really be doing the same thing when we are still holding in 9k price point but well who knows if this level or price wont really take up much long than on previous one.

Your opinion is completely correct. All these are possibilities that must be considered.
And all conditions must be monitored