BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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1hr & 4hr consolidation providing evidence additional downside is expected. It's likely price will retest the 4hr ascending trendline.
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Price collapsing as expected, however we are now running into the 4hr ascending trendline which should provide us an indication of the next move.
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Price once again testing $9,000 It will now be interesting to see how price reacts as we approach support forming deceleration.
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A strong break below, please note a candle close is required prior to any possible entry.
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Textbook moves, i will be publishing my next thoughts this morning.
Look at my basic chart i did last night wich was 100% accurate AGAIN.. Please guys follow me for more TAs as i have a tendency to be correct on what price is next ;)