Price bounced at 1.139 I think if it will test this again it could be a good entry. I have already taken long position with target at 1.147-1.15 range. If it reaches my target I will keep 1/2 of position in case of the breakout that could happen. The more I look at it I think a big breakout might not materialize. It is because of the range of movement I see for...
Small bounce possible back up into structure. I will add to my short position if price will reach near the red box. There is symmetry in the angles of the broken trendlines to reach the bottom of the trend channel over the next couple of weeks as measured by the two vertical brown lines.
Here is a trendline set that I have been using for BTC . I use it on the 1Hr and 4Hr charts and it seems to have fit the data so far. I hope someone finds it useful. Cheers