Enter/Exit all Crypto this week !
If we don't hold that line I'm out.
Long buy orders are set. Stop loss order are set.
Both Log and Linear show the same buy range.
Yeah bottom is at 7200-7500 bu watch out for market makers, wait for confirmation.
If you look at the log & linear channel above 7500 should hold, if it drops just below you don't wanna get stopped out at absolute rock bottom.
You have 43% down to 5k. No sweat. If you really want to sleep safe it set one 5500 just for the sake of it. I'd start moving that one up though after we break out of the bear trend. BTC stop loss is an art in itself. You have to watch out for daily volatility, MM, etc., chart resistance and support weekly.
If we don't break out this week i'll shave my bald head.