Current market structure suggest price is currently trading within a descending triangle with a morning star pattern indicating a very bullish move which could break above the wedge, take a little dive before continuing towards the upside. This unless of course btc has anything to say😁
The high of the week formed on Tuesday with price wicking through the 0.9140 level then the market went into and overall downtrend. as at 08:00 UTC today, it made a swing high before moving lower to a daily key level. Currently, price just wicked through my 70.5% fib level suggesting a reversal in the upward movement and a continuation downwards
