btc/usd might bounce at 9600$. this is not financial advice.
Comment:
BTC still in the downtrend channel until the price broke upper trend line with bullish reversal candlestic pattern is form above the trend line.
Comment:
if 4am utc time candle closed at $9693.17 or above, morning star which is bullish reversal candlestick pattern will be formed on the 4H chart BTC/USD. Then, we might see price climb. if not, price might be playing around the trend line for a while until futher reversal pattern been formed which might be bullish or bearish reversl pattern. peace.
Comment:
seems like BTC/USD will go down more if the bearish engulfing candlestick pattern is formed by this 4H candle. the MACD line also still below the Signal line which means short bias.
