There's no long opportunity now. This market is now on a full downtrend and of course there'll be intermittent up spikes which if you make the mistake of trading would bite and hurt you badly. Looking at the lower time frames from 5mins to 4hr BTC has broken the 20 EMA and 50 MA.
At this stage we are hoping the 20 EMA on The day chart gives it some support of not were heading for the 50 MA on the 4hr chart.
The lower time frames at this point are invalid and would only deceive you to open longs when the market is still on a downtrend.
Finally the 20 EMA, 50 MA and 200 MA have crossed on the 1hr chart pointing downwards which is a clear sign of a downtrend.
The 20 EMA and 50 MA on the 4hr have crossed pointing downwards and the current candle is below it showing it has broken it hence the downtrend is confirmed.
Trade wisely. No serious investor would open a long now until there's a clear reversal.
For now it's best to ignore the deceptive up spikes because they are waves setting up do fresh low points.