Given the violence of the latest crash, I don't believe that cryptos in general are really to trully move back up to ATH -0.59% . So I'll be looking for short signals on the 4hr timeframe. However based on many major buy signals on the daily timeframe , I believe that the bottom was hit. Therefore I'll manage my stops carefull in case price move back up abruptly.
That being said, I'm waiting for a the price to breakout the bottom trend line on the 4hr chart to go short. Then expect an head & should pattern to form.
That being said, I'm waiting for a the price to breakout the bottom trend line on the 4hr chart to go short. Then expect an head & should pattern to form.