Is not recommendation for trading - its a test chart - try to predict possible down peaks in case downtrend of market - let see.
Buy zone before yellow line in a "red" zone. Is not recommended to buy when price is higher than yellow line - you taking big risks. Use stop-loss - recommended is bottom line of "red" zone or under support line if there any. Take profit in a green zone or above, You can move your stop-loss higher, when price is close to top of green zone or above. All analysis is...
Buy zone before yellow line in a "red" zone. Is not recommended to buy when price is higher than yellow line - you taking big risks. Use stop-loss - recommended is bottom line of "red" zone or under support line if there any. Take profit in a green zone or above, You can move your stop-loss higher, when price is close to top of green zone or above. All analysis...
Buy zone before yellow line - expected profits around - 10% and possible more. Use stop-loss under support line.
Short - is not a trade recommendation, just idea about turn point.
Everyone has own vision and own picture of BTC-USD feature chart, here is mine.
Trader rule N1 - Do not buy coins when high, Buy when price is low. Breakout just happened, do not buy late. Check RSI and Stochastic RSI indicators.
Reverse signal on RSI - possible profit calculate with fibonacci levels.
Here next wave with a good potential, check fibonacci levels for a profit
Looks ready to breakout. If UP then: Target 0.0003250
Support line seems strong, rejected few times. Higher peaks painting cup. Just another positive view. Let see...
ICN - another perspective coin with big potential x2 - x10.
Stochastic and RSI bullish. Targets: 0.00005645 0.00005867 0.00006183 0.00006586 In case third pump - 0.00007098 and more.
If weak resistance line around 7400 will broke, next point is 5800 - 6100, strong resistance area. Only very bad news can break this price and who knows what is the next stop. Many bitcoin players just waiting to a moment to buy and some of them will hurry up with it, in this case we will see a positive dynamics, big buy volume increases chances to change price...
Very soon we can expect uptrend move, most traders and all bitcoin holders waiting for it. Good luck in trading for everyone!