Welcome to my first analysis on tradingview. First we will have a look on BTC .
We see that the price has pierced through fibonacci .236 level, 200 and 50 on the four hour chart without any resistance. Assuming the price drop was pretty fast and significant (within 24 hours), bounce back can be expected, forming small pattern (blue arrows). Currently, the price is situated in the neckline of the pattern, what can be considered as buy zone. On the other side, has broken down the pattern and together with the divergence on the indicators are signalizing further downside. is converging, however the lines have not crossed each other (yet). Summarizing all the data, the buy order is to be set within the blue (around 10250) with stop loss below 10k level (under the black uptrend). Target for the upside is 11200.
This is not a trading advice, trade on your own risk :)