For a knife catcher: buy rsi 30, invalidate your trade if traded lower than new LL.
For a less risk aproach: buy when btc finds its bottom and lowers again his volatility and show sings of an upper move.
This hash war will come to an end in the upcoming weeks, if we dont see more sell offs the acccumulation fase might start early this 2019.
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Looks like we still in a danger area, i dont see real support just yet.
Setting stops at 3k8.
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Based on recent TA, this bottom will be around 3150, we will bounce to 3400, and retest the low, prob we will be over somewhere in the 3050-2950 range.
Dont be scare now, cheers :D
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Bounce bigger than expected, resistances at 3k6.
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the resistances at 3k6 was rejected as spected
If we fail to break lower (or if we do and bounce back) we could call a bottom, looks like accumulation to me, and upside move to 4800 could be in play.
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