Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Do all you guys shouting your TA around realise that in this instance the TA had nothing to do with it? We only bounced from your resistance levels due to the 'news', who knows what it would have done otherwise
Not quite. You have to look the effect that news have on the price to understand what is going on. TA is all about where sellers meet buyers etc...
So what is going on?
Chinese had broke the exponential trendline have been restested it, and the news came. The price reinter the triangle and now have retested it from below.
