I will share my view on the current market, and tell you what I personally do.
This said, I am a hobbyist, so this is not a financial advice.
This will be quick, simple and without ambiguities.
WHAT TO DO
Those lines are very important.
If prices breaks from the top green line, go long or buy.
If prices breaks from the bottom red line, go short or move to USDT.
Do not forget your protection stop.
More or less useless - WHAT TO EXPECT
On Bitfinex, there are clearly more shorts opened meaning the global mood is .
You know my indicator, that's two long signals in a row !
A very rare 200 and 50 days cross. However we can see the is decreasing (at least on Coinbase) and that this cross doesn't look quite convincing, it's rather already slowing down to reverse like in May 2018.
We have both and indicators. Just wait which support or resistance is broken and follow the sheep herd.
Good luck !
I will show BNB Trade later today