In my idea BTC should have a compression and then retrace to BO level.
With this speed of movement and breaking several levels, I expect the price to reach lower levels for now. But the movement is generally up at the moment
Now we Have 3 scenarios in this cryptocurrency. in my idea its more likely to uptrend continuation in CP mode. but maybe we`ll have base in this time. we can go to h4 or H1 Time frames and have nice intraday trades.
In my opinion, you can buy this cryptocurrency by capital management. Of course, consider the plan change areas as well.
I still believe in the fall in the value of the euro. But I consider two areas for better buying and optimal selling. Of course, I always have 8 scenarios in my pocket. FX:EURUSD
Due to the behavior of this currency pair on the last day, I think it is better to close the previous trade and wait for the break of the level and the yellow line for a better trade. If the yellow level is towards the upswing of the failure with appropriate correction, it can be the start of a good up trend.
What they didn't tell you. After determining the levels, we have 8 scenarios, not two scenarios. But here I have identified two more likely scenarios. If market wants to breakout the specified levels, consider updating the levels. But normally, this support and resistance can be reliable.