Simple PA analysis states that we have some higher lows within this consolidation zone and a clear Bearish OB keeping price under.
The OB has been tested 3 times now, so a 4th try could break through. To do this we need volume and momentum so a solid retrace as per my chart would be healthy, BUT we must form another higher low!
The OB has been tested 3 times now, so a 4th try could break through. To do this we need volume and momentum so a solid retrace as per my chart would be healthy, BUT we must form another higher low!
Note to self: BTC works in faster ways than we expect!