How to trade bitcoin??
If you know the main trend - up or down it doesn't matter.
You see break strong bearish trendline. It is better to wait for confirmation, for confirmation you can use growing volume.
If is the main trend is running, then you can re-entry in correction.
Still same setup - wait for break, check the volume and buy.
This example is on 4H...
Here we use a 15 Minute chart with Bollinger bands set to 20 with a standard deviation of 2.
First we look for an established trend direction, once that has been found we apply our bands, set the deviation for 2 and wait for the price to test or slightly break that lower band. (test/break of higher band in the case of a down trend and sell order)
Here we have...
