asimhsidd

asimhsidd Updated 

As you can see in the chart, BTC has respected the short-term and mid-term trends while having tested the weekly resistance multiple times unsuccessfully. Now it faces a confluence at daily support (previously daily resistance) where the short-term trend has to be broken too. Once broken, in my view, there is a 70% chance that BTC will respect the mid-term trend...

asimhsidd Updated 

As shown in the chart, BTC has a confluence at 4H support. You may long now with the stop-loss and profit targets mentioned on the chart or otherwise wait for a potential re-test. This is not a financial advice, just an idea based on amateur technical analysis of the crypto market. Invest at your risk. Goodluck!