It has formed a symmetrical triangle and is sitting right now on a strong support (already bounced five times here). If we break upward, moon is guaranteed.
Is it the right time to enter?
In this cases I always enter long without a second thought but the current situation of BTC doesn't give me too much securities (check my BTC idea in the attachment).
I will wait before taking any position until there will be a clear situation in the market.
Follow me for further updates :)
The above references an opinion and is for information purposes only. It is not intended to be investment advice.