The fact is that we see the price chart of the past time.
And because of this, in the present time it is impossible to understand where the price chart of bitcoin or any other cryptocurrency will move later.
It happens because market can be manipulated by the whales and it can be more volatile if any good or bad news arrives. For that period no chart analysis is going to work properly. Because then people are going to buy with FOMO(Fear Of Missing Out) or sell with FUD(Fear, Uncertainty and Doubt).
As this happens we should put stop loss at a lower level of support zone so that we can bear a small loss and can invest at more lower price.