Downside Momentum/

This is for educational purposes only. I am looking at trading BTC/USD. I am testing a strategy on what I see. This may not be correct. This is for me and is not a recommendation or guidance for anyone else. I would appreciate any feedback from those familiar with this market.

I am seeing a breakdown for a potential buy at the $7875.05-$8,000.00 range. I see a small buy. If price continues to the downside, I will make a stronger buy at or around $5,500.00, which coincides with the March 18, 2020 low. I am not familiar with how this market moves but would like to own some in the future.
Trend Analysis

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