The ADX is in a corrective looking phase, which spells out a bearish move in an overall bullish trend.
The support intersection is where to buy and a stop will be place just under the 61.8% level (3655)
The 5day has not crossed down through the 8 day just yet, which is also a signal to try this support level as a long.
I know a lot of people see this...
Price is in consolidation between the 200 EMA and the 200 Simple
Price needs to breakout from here to really go from cautiously optimistic to confident pound the fist on the table bullish
Took 50% profit on $BTC when the price hit the blue 61.8% Fibonacci level, and now looking for a re-buy of that 50% at the shallow red 38.2% Fibonacci retracement level. Right around $3700
This red 38.2% level matches up nicely with the Fibonacci number "55" EMA (which the price has not been above for almost a flipping year). This area should bring buying...