@idiosyncratic1
more from that month
Interesting Price Actions in Crypto I did not expect to see a 7% increase in the price of #Bitcoin while FED is expected to increase interest rates 100 base points. It is good to see #cryptocurrencies green once again. When I checked the moving averages, MA 20 (20 days of Moving Average) works as a support at 20,400+ while MA 50 will the the first resistance level at around 23,300 for #BTC . I still did not make a bunch of purchases in #crypto . Not sure if this pump is a sign of another bull-run.
2 comments
thats what i love about TA, it tells you nothing in the end. Is it going up or down or sideways? Not sure? there is an old saying “one swallow does not make a summer”
Wouldn't agree with that bro. T A might not tell you 100% the direction but it will give you a clue. The mistake people make is trying to predict price which is not possible. The market does what it wants and not what we want. That's why price action will always be the best. Trade what you see and not what you expect to see