BTC is currently showing negative market structure. Downside potential looks toward the $9000 mark before a heavy reversal back to the upside, at the time of this post a new bearish 4H candle is forming. Trade cautiously. Goodluck. Any suggestions please comment them.
Comment:
Broken through previous market structure higher low @ $9857.27 to make a new low @ $9852.00. Looking towards target @ $9000.00. Hope all who took the trade have enjoyed riding the wave.
Trade closed: target reached