As, new month starts as per monthly analysis. Engulfing candle pattern formed. It can come to test FIB gold zone in this month. but looks promising for long my idea wait for monthly breakout or wait for FIB testing zone. but I will go long after this two confirmation. top of last bull run tradeline breakout retest and after this engulfing is created. Let's wait...
Fib golden zone rejection, Previous day candle formed nice to indicate bullish however, today 70% of day confirmation is required as might fake breakout can happen. I will wait as per price action.
Major rejections of downtrend. As per Fibonacci 0.5 golden zone rule. I will wait for breakout of today high and but trade for long.
After, braking records and as per nature of BTC and market correction. I am going for short after braking 63500 might take while to break.
After this line there is big support. My idea says that today after NY wakes up with Burris till 25% so be ready to see Monday morning with sun light. As Monday will Be boring to trade but Monday will ideally good entry time.
first ladder should achieve by Thursday, side ways zone will might impact till Sunday evening and if second ladder achieve there is no stop till 4959 +- 50