this is fractal and some patterns that can help us to decide what to do + me personal trade setup that if you like you also can use
generally i think btc will dump hard from here or 4200 area ( if will not break out 4200..)
just look at bear flag and fractal and some indicators like RSI and StochRSI and... there are some sign of dump. so i have a plan for it if btc dump. read my own plan below..
What i will do: first i divide my btc
1- if btc cross down 3850 sell some and if agian cross 3785 sell some then buy at 3570-3600 area
2- if btc will not break 3850 or 3785 and then pump to 4190 i will sell there about 25% or 50 % of my capital with a tight stop lose then buy at 3600 area and wait for next move
i will update you in this post
here is my previous chart :
generally i think btc will dump hard from here or 4200 area ( if will not break out 4200..)
just look at bear flag and fractal and some indicators like RSI and StochRSI and... there are some sign of dump. so i have a plan for it if btc dump. read my own plan below..
What i will do: first i divide my btc
1- if btc cross down 3850 sell some and if agian cross 3785 sell some then buy at 3570-3600 area
2- if btc will not break 3850 or 3785 and then pump to 4190 i will sell there about 25% or 50 % of my capital with a tight stop lose then buy at 3600 area and wait for next move
i will update you in this post
here is my previous chart :
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here is another Analysis
