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RE: BTC - We failed to go back upper the resistance line

in #bitcoin3 years ago (edited)

You candid and honest analysis is much appreciated.

Price found buyers at $7600 and has been basing the last couple of days. In order for price to move up, we need to see a candle close above $8600 on the daily chart.

If the sellers remain in control, we could see price test the $7000 and possibly $6000 which would be a buying Bitcoin at an extreme discount.

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I have been at this game since 2000. Finally decided to focus on strategy that fit my personality and treat this trading thing like a business. There a lot of stuff on Youtube from Online Trading Academy, Set and Forget Alfonso, Storehouse Analytics. Also, heavily into the psychology...the book that made all the difference was Trading In The Zone.

And I appreciate your candor as well @rollandthomas Your very informative, much like our blogger @cryptopassion Where do you gather your information? I need to learn more about signals and analysis etc.
Thus the reason I’ve began following you. And I must say I’m looking forward to your work.
Thanks and praise 🙏 V.

I have been at this game since 2000. Finally decided to focus on strategy that fit my personality and treat this trading thing like a business. There a lot of stuff on Youtube from Online Trading Academy, Set and Forget Alfonso, Storehouse Analytics. Also, heavily into the psychology...the book that made all the difference was Trading In The Zone.

You might be interested in my intro post:

https://steemit.com/introduceyourself/@rollandthomas/hello-steemit-i-m-rolland-crypto-forex-futures-options-stocks-wealth-building-enthusiast

where I talk about trading is psychology warfare and what I do to overcome it.

and my most recent post

https://steemit.com/bitcoin/@rollandthomas/5-stages-of-a-trader-investor

Most important, I love giving back and hopefully others can learn from my mistakes.

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