Bullish divergence is printed in the daily tf.. breaking the trend line above will confirm this setup.
If break the trendline bellow we can short from there.
If break the trend line bellow more confirmation to the downside move
We are now in the pullback fib level chance is at 90% ... buy now.
The best way to play with this is to wait for the price to break and put order to the buy zone or if price bounce to the current level we can entry long there..
This is a good long setup market is changing direction now good time to buy
if you use price line and retrace high low btc is currently rejected exactly at 618 level..
This analysis is base on my trading strategy. hope this will help you understand and get some idea on the market
sell now or wait for the price to break the redline stop loss above yellow line
This is a good R&R setup you can wait for the red line to red for confirmation..
You can short at the current price now.. but if you want to lower your risk you can wait for the price to break the wedge for confirmation or if the price go higher and get rejected on the red line.. If you appreciate this setup live us a like.
we are no in the area proving who are strong bulls or bears.. see the circle line on how important this level is.. let see what happen this coming weeks. what side are you???
The best way to play this trade is to wait how the price react on yellow line if price break that level easily place short order on the red line.. target at least 100 - 200points