BTC good entry point - now.

If you haven't been joining the rally so far, it's nice to enter now - EMA 200 seems to be holding (recent fall is a natural correction if you check RSI).

If you wish to be more conservative, enter if BTC -0.22% holds above 7.55. In other words, set the SL at 7.55 if you enter now (or have entered).

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Bear in mind that technically, there should be a little more downfall - for corrective purpose.

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(It's just that the recent rally seems to be very bullish - I don't expect a full retracement to occur - but the trading is all yours! If you are very risk aversive, entering now is not a good idea.)

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Yorum:

So far so good. But it would be way better if we can break out from the smaller flag. Personally I expect a little more sideways within the larger flag.

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