$BTC

All I can tell in this chart is that I can set a clear stoploss right below the trendline

while hitting the MA200 will indicate a strong bearish strength plus waiting for the candle to hit MA200 will cost us a lot losses so we must rely on MA100 strength to avoid any damage to our profile

if you add macd to it macd is already forming cross which I hide to make my chart look clean don't worry I'll post it on my comment section

in this chart we can see 3 bull confirmation

1. trendline rejection

2. MA100 rejection

3. macd cross

but we need to break the 67,356 price level to add more bullish confirmation to our chart

note: this structure is also subject for a short term retracement around 60-61k which is my ideal entry for long

not financial advice 🔥

#altcoins #BlackRock #MicroStrategy #buythedip #BTC