Keep an eye on this chart, Bitcoin is about to have a golden cross and at the same time there are some bearish divergence in the RSI that could play out but if this happens Bitcoin could make support in this ascending parallel channel and continue moving up after, so whatever it is Bitcoin is heading in the right direction anyway so be clever and don't miss this opportunity! good luck!
for a short position in the top of the channel with a stop loss $50 to $100 above the channel, and a long position at the bottom of the channel with the stop loss too, I would try that one, I will post some updates if this plays out.
Cryptolover333
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@Cryptolover333 short position I would place the stop loss above the blue line.