In 4-hr time frame, price creating lower high, but looks like it's creating symmetrical triangle. 100 MA supporting.
If want to buy on support, buy near 100 MA and sell around 6150 but if it closes strong in 4-hr chart, you can hold till the price make a new ATH. Set your cutloss point below 100MA or previous low around 5645
If you are a defensive trader you can buy around 5800 or the BO of its recent high around 5944. Just set your TP and cut loss point :)
RSI Should break that 50 line and the price should stay above 100MA
If want to buy on support, buy near 100 MA and sell around 6150 but if it closes strong in 4-hr chart, you can hold till the price make a new ATH. Set your cutloss point below 100MA or previous low around 5645
If you are a defensive trader you can buy around 5800 or the BO of its recent high around 5944. Just set your TP and cut loss point :)
RSI Should break that 50 line and the price should stay above 100MA