Looks like a Bullish pennant is forming on the 4 hour chart. Support at $10,300 looks like, so I will be watching for the 2nd Retest of the Channel Support. If Pennant Confirmed, could possibly see a $4k+ move.
Scenario 2 is that instead of support, BTC continues down the channel to test either 1) Fibonacci Level or 2) the bottom of the channel is reached for a lower low
Exciting times ahead!
Scenario 2 is that instead of support, BTC continues down the channel to test either 1) Fibonacci Level or 2) the bottom of the channel is reached for a lower low
Exciting times ahead!
Ordre annulé
looking for retracement to .618 fib for next move