best buy position is to buy on the retrace buy stop above the green line or wait for reversal.
i can see a U pattern and a cup and handle pattern this is all what i see in bitcoin. i think risking a buy on retracement on the lines mentioned is worth it. but before that dont forget to do your analysis.
if h4 candle body closed above the orange line then we r going up to 45xxxx if not then we coming down. would publish more after the move. secondly if the market buys till the orange line then we can have a head n shoulder pattern too. at the moment we buying h4 divergence. this is not a signal. market can do anything. thats just what i think.
for me its the best time to buy this and hold it till it hits the next orange line. here we should be focusing on buy then sells.
it going to hit the orange line on the charts if the h4 candle body closed above it then we going up other wise down. if maket breaks n close above then its going to retrace somwhere on the orange line or few pips below the orange line again n up. so the second entry can be near to that
btc is buy till the orange line and if the candle body on the said chart closed above the orange line then its going up. otherwise we r going down.
filusdt looks like going down. lets see. just a view
now if we see we r on a strong resistance and price is jumping off the 50ema blue n 200 ema black...
its a sell wait for the current movement to hit upper red zone then sell hard... just an anlysis....
seems like it will drop to 1721 20 area n buy.... lets see waht it does
sell below the trendline or on right shoulder confirmation
looks like inverted head n shoulders on gold..... lets see what it does.....