Lol attack the evil dollar is quite difficult... Each political leaders who has tried this is dead... The dollar is a currency backed by an army, that's it... As long as the US have the uper hand in the destruction technology the dollar will have a stronghold to sustain its value... I'm eager to see if the Asian friends are capable of overcoming a currency backed with destruction power with some kids d of currency (been it crypto or not I really don't care) with a currency backed with the power to create... Although this is a little too ontological I think...
Back to the trending charts, so what I'm supposed not do is to chose a period of time and within that time window link the lower low and the highest low to have the resistance line, also do the same with the highest high and the lower high to have my support line... I got this right?
The after that, if we have the price go below the support we can expect bears. Also, if we manage to depict the resistance line and we see the price going beyond this it's safe to expect a bulk, am I right?
RE: [Hive talk] Understanding Crypto Trading - Episode 8