Dow jones has started making LL's so it is effectively in a downward trend on 4Hr chart so shorting on pullback to key Fib Retracement levels would be a good idea.
According to seasonality BTC usually had rallies from FEB to mid or end of APRIL. So if price breaks the resistance of resistance of 103,000 then a massive rally lasting up to mid April can be expected.
Price Targets :
Key resistance Areas to Watch
103,000 and 108,000
Rally Price targets:
According to the fib extension of last rally and LH. if price goes to...
Price is making a series of Higher Highs and Higher Lows after the Bullish Divergence on 1 Hr time frame and Now the trend is bullish. We can see a rectangular pattern on chart which is usually a continuation pattern. So our trade plan would be to go long on the upside break out while keeping our stop loss on the last Lower Hight and at least one to one profit target.
