In a bull market support will nearly always hold, in a bear market resistance will nearly always hold. It’s as simple.
Right now many people are trying to get rekt long and short. As they are literally buying after a massive pump and selling after a massive dump. Especially in a bear market markets are extra-volatile and tend to fade every pump. Here you don't need a hours of TA work to understand the basic. In a bull market prices bounce off supports and in a bear market prices fall from resistance.
Trying to overcomplicate it will just make things complex and you will be wrapped in that complexity. In a bear market its a downtrend so don't try to bet against that with every little bounce, obviously one day it will change but that one day likely is not coming yet and you will have enough time to adjust then.
Crypto trading is all about controlling your emotions and having patience.
submitted by /u/partymsl
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