FxChoice

There are few worse experiences for a trader than being on the wrong side of a false break in Bitcoin, or any market for that matter. A skilled technical analyst knows how to recognise and evaluate support and resistance levels. But at what point has the level been broken? Is it $1 through the level? Perhaps $100? How far does it have to go before you have the confidence to make the trade? The fear is that getting short (or long) on a break is an exposed and scary moment for traders.