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RE: ZClassic: Bull flag and Major Announcement...Time to buy?

in #zcl7 years ago

Thanks for the tip, one question though, will the price not go even lower before going up then what (2) expects, since it failed to break resistance on even lower numbers before. I am still trying to learn and want to figure out how these dynamics work. It seems most of the time before the big bull there is a dip that corresponds to around mean point of the wave before. How do you figure out that it will act differently?

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Of course it may fall... TA is a theory that tries to anticipate the future, but not a Law ;-)

Well trying to minmax may get you burned, but buying too soon may burn you more if trend reverses. I guess that is why it is best to hodl, less headaches and you will make money eventually.