$9700-$9900 - April/May 2018 reversal points. Shorting this area = the next high risk move
- Rising wedge + falling volume suggests reversal (temporarily)
- $9700-$9900 = next bearish supply zone that front-ran $10,000 last spring
- High time frames beyond the Daily are oversold
Bear in mind (pun unintended), this is the bull market that should last over 2 years. It's never a smooth rise to the top. Exponential season starts right after price discovery at $20,000.
- Rising wedge + falling volume suggests reversal (temporarily)
- $9700-$9900 = next bearish supply zone that front-ran $10,000 last spring
- High time frames beyond the Daily are oversold
Bear in mind (pun unintended), this is the bull market that should last over 2 years. It's never a smooth rise to the top. Exponential season starts right after price discovery at $20,000.