Hello,
For those of who are interested on re entering BTC, price action has a high correlation (via 4H time frame) with retesting the 50 EMA and 50 SMA (torquise and blue line) this level is around 15150.91. Should price surpass both EMA and SMA level, expect a retest of trendline as a failsafe entry as 14771.69. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
For those of who are interested on re entering BTC, price action has a high correlation (via 4H time frame) with retesting the 50 EMA and 50 SMA (torquise and blue line) this level is around 15150.91. Should price surpass both EMA and SMA level, expect a retest of trendline as a failsafe entry as 14771.69. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely