Only idiots believe in support and resistance lines. They don’t mean shit. Ignore this guy. He doesn’t not know what he’s talking about it. At best he is a failed part-time trader. People who write about trading don’t trade.
LOL...
You can go on..and believe what you believe.
I know S & R very well...And it works...
Don't know anything about BitCoin.
Exactly! Technical trading is hogwash.
I disagree.
Look at the Bitcoin one year chart.
$31,000 held up for the entire month of January 2021 under heavy selling pressure.
Today, Bitcoin has already rallied off $31,000 at least three times.
Will it hold?
I have no idea - but anyone who trades anything for a living is going to look at the chart before making a buy/sell decision.
What metrics do you use before making a decision?
People who write about trading don’t trade.
And that might mean you...right