Very interesting post, you flagged correctly that the entire market seems to move between the support and resistance lines, it’s interesting to see that this might be played by bots !
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Very interesting post, you flagged correctly that the entire market seems to move between the support and resistance lines, it’s interesting to see that this might be played by bots !
Bots? well, could be... not sure but, why not? I would better say that the whole market is handle by very big whales instead :-)... as usual...
Bots yes, I think big whales are just setting them up to manipulate prices for their interest.. look at the past Mt Gox story..