RE: Bitcoin BTC - March 19 Afternoon Update Technical Analysis - $8.5K to $8.6K Heavy Resistance.

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Bitcoin BTC - March 19 Afternoon Update Technical Analysis - $8.5K to $8.6K Heavy Resistance.

in bitcoin •  7 years ago  (edited)

Sensei, please correct, just in case:

You wrote:
A Break well above $8,600 will invalidate a bearish count.
A Break below $8,250 will validate a bearish count.

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Hey bud you're missing the modifier "invalidate" .. a break above $8600 would INVALIDATE a BEARISH count, meaning it would validate a BULLISH count ;)