How you can trade.
1. Watch bottom for buy.
2. in case, we see breakdown then wait and watch for the price to test 786 fib lines and then look for buy.
Short term target will be inside the channel. But longer term target is 25k
25k is achievable for BTC .
You have to make decision of rbuy only then when we will see price action at bottom if we dont see price action there is no buy. If you dont understand all these things like patetrns trend lines or price action. Then learn them before trading or before making any comment which tells us that how much knowledge you have about trading.
I am posting this comment just for example one user has commented that yesterday ( That's the worse chart I've ever seen, how did you get a PRO label?)
He is having 0 knowledge about trading and even 0 knowledge about TV how it works.
So watch this update and look for impuls from bottom. If we dont see that no buying it will keep pushing for downside for short period of time. I will update this idea soon in new post.
1. watch bottom of the expanding triangle for price action for buy if not in from bottom.
2. Or wait for the price to test the previous low for buy. where we have seen impulse.
3. In case we see new low we will look for buy only. There is no sell.
Just keep one in thing your mind before making any decision for buy. It is not rising aggressively.
So if it breaks the bottom of the expanding triangle we will look for more buy at bottom of the impulse.
Current correction is so huge in terms of price.
But in terms of The trend the trend we are having from bottom. It is quite normal.
blue lines are TP for long and the red for short...
the small yellow c (of blue 4) can go even higher... just not above the blue 1
you can check it with EMA 200 in H1