A test of support
This mini correction is expected as the 4H RSI exhausted, if this is a real recovery we will see reversal around 8750 - 8800, next target will be 9500 is momentum picked up, if not 9350 is the more conservative target.
High chance of sharp bounce, Market maker times this so that it will cocincide with week end, if failed to bounce and stays within same price expect a black swan (i.e. Binance Hack when price stagnating on 11700)
High chance of sharp bounce, Market maker times this so that it will cocincide with week end, if failed to bounce and stays within same price expect a black swan (i.e. Binance Hack when price stagnating on 11700)
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