Instructions: At the moment, everything is following BTC movement. In a scenario where BTC goes up, STRATBTC would probably hit a target around the green line (50 EMA) or pink line (200EMA). It would hover around this area (Hit a top then go down to point .a or hover between pink and green without much price moment). In worst case, the price will drop down to the previous resistance level where it will be hover around and waiting for BTC action. Because of strong momentum in BTC price yesterday, I believe that BTC will at least hit the 50 EMA on its 4H chart within a couple of hours. This means that STRATBTC will also rise to the 50 EMA. The MACD on 4H isn't that wide yet so be cautious and also keep in mind that a drop could happen from the green line (50 EMA). This could happen if it was a bull trap all along (BTC).
Day trading is not recommended during this uncertain time.
Day trading is not recommended during this uncertain time.
Scenario 2: Hit the pink, down to a.
Scenario 3: Price hover around pink and green line, down to a.
Scenario 4: Goes does to c. , hover around this area then fall / up.
The EMA lines changes with time so you will have to set 4H chart then 50 EMA for green, 200 EMA for pink to see.