If we see price close below the 20 SMA, we can see the price of BTCUSD falling to the next support zone between 9400$ and 8900$.
If we see price bounce near the Accumulation zone we our next target will be set back between 11500$ and 12300$
Wait for price to clearly bounce from the Accumulation zone and breakout above 9400$ mark before re-entering a long position, with a stop loss at 8900$
If we see price bounce near the Accumulation zone we our next target will be set back between 11500$ and 12300$
Wait for price to clearly bounce from the Accumulation zone and breakout above 9400$ mark before re-entering a long position, with a stop loss at 8900$