$11,600 = 4 Occurrences (Yellow)
$11,900 = 4 Occurrences (Blue)
$12,000 = 1 Occurrence (Green)
$12,200 = 2 Occurrences (Red)
$12,800 = 1 Occurrence (Purple)
$13,000 = 1 Occurrence (Light blue)
Based on the personality of this recent bull run, we shouldn't stop long for any resistance EXCEPT for $11,900 and $13,000. $11,900 should provide the same amount of pain as $11,600 gave us, so expect a dip back down to $11,500 or so when it hits near $11,900.
At $13,000, we could see a correction judging by the reversal that happened last time we tried $13,000. There is a lot of fear at this level, and for a very good reason. If this worries you, I would suggest selling at $12,700 and waiting for Bitcoin to cross $13,100 before buying back in. Yes you will miss out on $400, but that's the price of insurance.
― Bruce Lee
This is something I have struggled with in the past and it seems like I now finally have a good understanding (based on your feedback) of how to appropriately identify resistance levels. I will also continue to chart resistance levels going forward to help others. Thanks again.