Lots of confluence of support and resistance at approximately $8388 on 8/08 at about 12 UTC.
These 'energy points', or confluence, can be a strong attraction for price action. I've been watching them for a little while, and they fascinate me.. I've seen price action do some pretty impressive stuff to hit these pitchfork points.. I am very curious to see if bitcoin taps this point exactly!
These 'energy points', or confluence, can be a strong attraction for price action. I've been watching them for a little while, and they fascinate me.. I've seen price action do some pretty impressive stuff to hit these pitchfork points.. I am very curious to see if bitcoin taps this point exactly!
Trade closed manually:
It didn't go for it.. Bummed! That would have been quite interesting. Price did, however, travel to the energy point @ $6126 on August 14th. I should have considered that point in my original post!