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If the orange scenario mirrors in the chart we have a good situation to enter the market and get a profit with a retrace. If the price keep going downward there is also another chance to enter the market on the key level.
The best to,e to buy this pair is on the key level although there are 2 scenarios ahead and based on Bitcoin analysis the bearish one is anticipated to happen.
So after a dump we are close to a strong trend line (Orange line), If the price intersect the orange line we can buy after a pull back so lets see what happens.
The price behavior while touching the key level will lead us to predict the next scenario.
As mentioned in the chart the best time to buy this pair is on the key level showed.
As mentioned in the chart there are 2 key levels that guide us to distinguish how the price will behave. Stay tuned.
Here is the chart. There is a strong long term resistance and we can expect the price go up there but the prediction about the price reaction to this zone wont be accurate.
Ive published this scenario before and this is just for reminder. The price is getting close to the key level pay attention and wait for candle confirmation signal.
The price is almost in the corner of the key level. How the price will react to this zone is important for us. Pay attention to these scenarios mentioned in the chart.
This is not a prediction. I just pray for this scenario to happen. I hope every one overcome this virus.
As mentioned in the chart if the orange scenario mirrors in the market , We may enter market with a candle confirmation.
I hope you have earned profits with recent ideas. As mentioned the best level to buy is on the key level but there is also an opportunity to buy if the resistance breaks.
As mentioned if the pink scenario mirrors in the real world the best time to buy is on the key level showed on the chart.
We have a sell zone and buy zone together it depends which path the price will take.
As you see in this chart there is a strong resistance in front of the price so how the price reacts to this zone is very important! We should wait and see how the candles will form and enter the market with positive signals by candles.
as mentioned in this idea the best time to buy btc is on the key level zone.
There is a good chance to bounce up the price. Ma 50 support in 1h, Trenline pullback and ICHI base line support in 4h. Lets see what will happen.