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 🔥
