MountOlympusFx

BITCOIN Still In RECOVERY mode (SELL): Weekly, Daily, 1hr

Short
COINBASE:BTCUSD   Bitcoin


BTC Thesis

- Weekly: Last weeks candle closed as a shooting star after rejecting off $9832 weekly zone signalling sellers are trying to push bitcoin price lowers.

- Daily: Monday candle closed with a long wick rejection to the downside off $9499 zone signalling seller are ready to push price lower to next likely target $8732.

- 1hr: Now waiting for 1more drive back into $9499 to test the 1hr launch pad, if this holds then we should expect a sell off to $8732.

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