The market structure is still good and bullish, if bear can push down the price, maybe we retrace around 9000 - 8900 and then bouncing and going up to 10000, the bear fail to make happen a bearish engulfing yesterday and the right shoulder of the HS is much higher than the left one, this can suppose that there are a possible continuation of the trend. If BTC can push harder the price below 8900 then we start to create the ABC correction where the retracement will be around 8000 - 7800, and back for another impulsive wave
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.