Price broke the support zone on 4hour time frame... thus, price has the potentials to push down if it does not close above the support
i see some very interest facts showing up on the charts when i look for confluence to see what direction the market wants to move on btc, im seeing the commodity channel index the momentum indicator and the macd all showing bullish divergence instead of bearish signal you can see i have drawn some lines on the indicators to show what is actually happening inside...
Not very keen of this price action, I would typically wait for the week-end close / Monday open before forming any directional bias. That said, from a ranging standpoint, a break and close above 9470$ would open the door for scalp-longs towards 9800$ with a stop below Sunday low. Tiny size if I ever trigger, will probably half risk it considering I would...