fthree111

fthree111

So we obviously couldn't pass that $13.8K resistance and are now bullish on the weekly, supported above the 23.6% Fib level. Last week's candle looked ugly but we stayed above the monthly close of $11.8K. RSI looks neutral to the high side a but. Are we bound to test the $9.6K to $8.6K levels? Long term: We are currently at the top of the multi-month resistance...

fthree111 Updated 

So we obviously broke through every singe support on the way down or resistance on the way up. Surely didn't see this coming this soon. It is important to remember indicators like RSI in this scenario. Cannot let emotion get in the way. I must admit, I was buying the way down when it bounced off of resistance in a much more heavy way than buying on the way up...