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BTC.Prj.2019.P03E07.When to go long?

Long
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Just making this short with key points as reminders:

> 10 EMA still not broken
> 21 EMA on daily and 50 EMA on the 4 HRLY still resistance
> We had the death cross and not the goldern cross. Refer to 2017 trend to see its relevance and the 100 daily EMA
> Trend is still downwards
> Smart money still waiting patiently indicated by volume (refer to previous volumes with blue markers)
> Daily RSI still in the bearish zone
> Fib Ring set barrier\resistance

Conclusion:
If you catch these bounces, shorting is still the way and take your profits with set targets.
Me, I missed this bounce and hence waiting it out as 9700 is a resistance I don't think it will pass.

4 HRLY Chart, close up: Blue lines are confirmed levels for resistance and support
Kommentar:
Bearish divergence...it seems this is as high as its going to go for the next few hours or more.
Kommentar:
For the record, this was a BULLISH AB=CD Pattern
Kommentar:
Chart update: No change to the resistances... however the target has moved sideways (blue triangles).
Kommentar:
Daily chart:
Trade wurde manuell geschlossen:
:(

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