I think it is correct to position the green trendline in this way. Because the candles on 29 August 2022 and 05 September 2022 say that this may be the most accurate trend placement. Of course this is my opinion.
We are in a falling channel. I do not find it appropriate to take a bullish-targeted position before this channel is broken.
But the price is holding at current levels (for now at least) and if the price stays stable at these levels, we will break the falling channel up on October 10, 2022.
hg ea On the other hand, there are emas that have not yet received a buy signal. One of them is the weekly I shared with you. ea 500 is currently passing $14,816 and if we go below as I expected 13k target stands out.
Apart from these, some factors that we do not know are on the table. One of them is my previous post (You can find related ideas below) btc price is below the cost of production.
It is better not to rush and stick to the plan.