According to market movement, price should stay above 3783 to be bullish, otherwise if the price fall beyond 3651, sell volume will become high because people will start selling their Bitcoin. 4 hours chart shows the bullish power is decreasing and it support the idea of price is going up because of small retracement to go lower. After all, we should see if the...
Based on daily chart, i found that the market already oversold and it is the best time to get ready for long position. Based on 4 hours chart, lrice should break 54.55 to confirm for reversal. have a nice trading.
4 hours chart
Price was fail to break area 1 where the resistance is strong. Thus, it will go down until 3555 and try to break the support. if it rebound on support area, price is possibly break the smoke indicator.