MUBI price has come right back to support. Good place to long here especially if BTC looks to start a bullish trend.
Possible for price to come back to take liquidity at the circled areas so manage risk accordingly. Aggressive traders can enter with a stop below the circled liquidity (with a little room) or wait for price to break out from the downtrend and catch the next HL.
Note
Maybe something like this if price reacts accordingly.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.