It looks like BTC might try another leg down to Fib 618 @9200, which most likely will bounce the price action back in the descending broadening channel. (Channel's volume signature does not look right to me on Finex but CME gives much more orderly look of the whole situation). This price action can also be considered as test of a golden cross on daily made by...
I will be looking for a retest on that level of support which is now resistance to look for a opportunity to sell in a case of rejection from sellers. But if you look closely there is three level so three entry point depending on the candle price action. Thought , critiques and opinion are welcome.
Long term Trend Line being Respected on a Daily and 4 hour time frame. Retested the 1283 price and kept rejecting. currently playing in test the price of 1293. expect the Rally to continue, Next target of 1302 area. if achieved we will see prices return to the 1320 and then higher.