Bitcoin #BTC 4-hour oversold, daily chart shows MACD death cross
The oversold signal is handled completely differently at different stages and positions.
When encountering support and resistance swaps or moving average pressure and support, one can participate heavily;
but in the current situation where it is neither up nor down and not close to the moving average support, trading lacks a clear risk-reward ratio.
I personally find it quite boring and would prefer to wait for a clearer structure before participating.