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RE: Bitcoin Rejected at Key Resistance Zone

in #bitcoin7 years ago (edited)

Yeah I usually wouldn't extend the zone beyond the candle like that, but it's clear we have significant psych at 5K handle.

The zone/accuracy thing is funny - in order to become a more accurate trader, you need to stop trying to be so accurate!

And yep long term trend is still definitely up. The China correction was a little deeper and more aggressive than I would of liked, but text book stuff really - bounce right off former resistance!

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Sounds brilliant. You inspire confidence in the future mate!