btc bounce

Updated
btc/usd might bounce at 9600$. this is not financial advice.
Note
BTC still in the downtrend channel until the price broke upper trend line with bullish reversal candlestic pattern is form above the trend line.
Note
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.
Note
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.
Chart PatternsTechnical IndicatorsTrend Analysis

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