A number of interesting signals here. Broken downtrend in RSI & Stochastic charts with both charts now indicating Higher lows. Inverted head & shoulders evident seen on the 3-day chart. Finally bottoming candle about to be tested for third time. I don't think there'll be a forth. Suggested targets at previous support points highlighted.
1. It is all down trend.
2. MACD, RSI, Stoch show that it should go more down.
3. The Support of 1.13000 will show some strength, but will be break.
4. The 21st of Nov candle formed a engulfing candle and the next two days the buyers couldn't get much power.
So we can see that there is no volume on btc.
We need to find some as on previous rally..
Till there is no volume no bullrun.
So i`ve stablecoined my depo and waiting for 3600 and 3000 support..
When reach it, watch volume first.
Then decide what to do — go deeper or rally
There are still two days left before this inside month breakout ends.
Here we got this nice little pullback to previous 4hr demand zone,
Also, it has a nice hourly hammer as a confirmation entry!
Kinda a worth taking long!
Let's see how it goes!