On the Demand Zone, there is a W pattern and now it breaking its neckline. Keep Sl at early higher low.
-Now, Sand is on a Demand Zone in the daily time period. -4H RSI shows a bullish divergence. -There is a huge falling wedge breakout. IMPORTANT- Keep a tight Stop Loss below the Demand Zone shown in green color. because BTC IS NOT STILL CONFIRMED A REVERSAL !!!!!.
THIS ANALYSIS IS TOTALLY DEPENDS ON BTC MARKET MOVEMENT. BECAUSE NOW BTC IS IN A DANGEROUS SITUATION. Rune breaks its downtrend wedge and now it is on a triangle pattern. There is a rounded bottom pattern and a cup and handle also. 50 and 200 EMA s made a GOLDEN CROSS already. Wait for a retest to be safe trading. Mainly supports on Demand Zone at 6$ -7$ Wait...