Earlier, after that huge green candle hit my long time R/S red dashed line at 47.5K, now I see a 4h candle is trying to pierce that but at the same time at 1h (even at 4h if you notice) RSI shows bearish DIV. This might not end with a green candle over that like right away. ADX+DI shows a decline of the momentum and so do many other indicators (CCI, SMI etc...).
Moreover Ichimoku cloud shows a support band very low compared to current price so my idea is that price would probably retrace but indicators aren't perfect all the time and online the sentiment toward October (called in slang "Uptober") is strong so this could make the price go up despite any indicator.
I could post many other signals but currently most of the coins/tokens are following BTC so this one is the only which matters.
If price closes a 4h candle COMPLETELY over that R/S assume that one is the new support and you can buy clsoe to that price. If it closes below that you can short at the retest. Use stop loss.
Good luck
Moreover Ichimoku cloud shows a support band very low compared to current price so my idea is that price would probably retrace but indicators aren't perfect all the time and online the sentiment toward October (called in slang "Uptober") is strong so this could make the price go up despite any indicator.
I could post many other signals but currently most of the coins/tokens are following BTC so this one is the only which matters.
If price closes a 4h candle COMPLETELY over that R/S assume that one is the new support and you can buy clsoe to that price. If it closes below that you can short at the retest. Use stop loss.
Good luck