BTC = When to Buy Back?

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We can see price got rejected by the downward trend line. It was a good time to sell.

Now looking to buy back

Possible Buy Entry = 1

1. Expected to bounce off kumo cloud.
2. 0.5 - 0.618 Fib levels

Possible Buy Entry = 2

1. Expected to bounce off bottom kumo cloud.
2. 0.786 - 0.883 Fib levels
3. Trendline support

RSI = Bearish

Sqz Mom = Bearish but its weak.

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ملاحظة

As you can see BTC bounced on the 0.5 fib.
Yesterday's candle ended in Doji formation.

It signifies that sellers are exhausted now.

Fundamental = There is still fear in the market with the news coming from china about ban on exchanges and rumors floating around on ban on mining too.

Conclusion : Overall BTC does look bearish although its weak with sideways movements