If you open a position when there is a structure, you will have a higher chance of winning!
For the position, you can use the Fibonacci channel or retracement; the structure represents the qualitative change caused by sufficient time period and quantitative change.
At the four-hour level, BTC has rebounded to the 0.786 position of the Fibonacci descending channel, and it shows a volume-price divergence and a larger-level ascending channel structure.
If it rebounds to 0.618, i.e., around 605, and continues to diverge from volume and price, it will be a good entry point for short selling
