Three scenario's
-1. up and breakout
-2. up to local high, and continuation until trendline is hit.
-3. continuation of the current PA of the trend until July.
*bonus
-4. PA falls below 0.04 then I'd see it as a trend reversal into a bear.
I wouldn't mind if it came down to 0.045, to test a broader trend. But we'll see.
For now, I'll put a buy order around 0.045 For the wick if it dips because of the current short-term PA of BTC.
-1. up and breakout
-2. up to local high, and continuation until trendline is hit.
-3. continuation of the current PA of the trend until July.
*bonus
-4. PA falls below 0.04 then I'd see it as a trend reversal into a bear.
I wouldn't mind if it came down to 0.045, to test a broader trend. But we'll see.
For now, I'll put a buy order around 0.045 For the wick if it dips because of the current short-term PA of BTC.