The 1h chart gives me some reassurance because we have hit the bottom target of the last 'Time at mode' signal on chart, and it seems that this is the timeframe in control of these developments.
After the target is hit, we can expect price to go back to the mode at 4303, which could lead to a resumption of the uptrend from June 23rd's low.
I'm long from 4100 here, contemplating 14% downside risk, but mostly, not willing to hold short term positions if we get a new low here. I'm aiming for at least 4885 in the near short term.
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You may add to longs and trail your stop loss up a bit.
There's limited time to hit 4482, if it doesn't, we'll see a minor retracement.
4h chart has a potential signal to be confirmed after the next 4h close.
We're hitting a weekly resistance here. Once above, we could see BTC rally to retest the highs.
For now, I'm conservative on this long position. You can either trim your position, or trail your stop up to 4200 or so.
'Once above we can trend up again', and see the relevance of that technical level.