BTC
The price has reached last week's low and rebounded slightly above the FVG-M
The best and safest buying zone is between the 0.5 and 0.375 Fibonacci retracement levels... There is no other.
It's not advisable to wait for the price to bounce, because the algorithm buys below the 0.5 level and sells above it.
So, if we wait for a bounce to buy with the supposed confirmation, we could get caught out, since the price often moves within a range between the 0.5 and 0.375 levels, making it pointless to buy above them.
This isn't about guessing; it's about managing the trade.
We are already in a buying zone.
If you want to refine your entry even further, then look at the FVG-M.
Pay very, very close attention to the Yearly Opening (YO)... This level is crucial, and from there, there's a very high probability of seeing a rebound in the short to medium term... ideal for intraday trading.
Place your stop loss below the 0.25 Fibonacci retracement level... because if we lose this level, it will be the prelude to a bear market.
Take partial profits above each daily and weekly high... preferably when it surpasses the 0.5 Fibonacci retracement level.
Previous analysis: https://www.publish0x.com/cubancrypt/btc-the-moment-is-here-xzrneor
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