BTC has to continue momentum to the upside here or the higher time frame move will break down.
A solid bounce off the weekly order block at 9500-9600
We just put in a higher low, now we need to break the descending market structure and break to the upside closing a higher high above 10800 on atleast the 4hr time frame.
This will flip my bias to bullish....
Catching this one early for the completion of the Elliot Wave sequence we have been in since 7.8k
The rest of this falling wedge should take us to 9.3k which is the first daily support and the completion of the C wave.
Looking for a bounce there and a possible wick down to 8.5k to take out the CME gap close.
WTC has found support but needs to pull back on the daily. It could run from here or it could pull back first and then go on a new daily momentum swing, making a small entry here and will add if it takes off.
If not I will wait to enter the rest of the position and average down with the daily momentum dump on Sto RSI.
WAN is painting an ADAM and EVE Double Bottom and is getting ready to push into the daily cloud.
Most alts are setting up really solid bottoms atm, ether inverse head and shoulders, adam and eves, or cup and handle patterns.