BTC HTF (high time frame) trend remains to the downside. The recent impulse should inject some bullish sentiment, however resistance to the upside at $24-26K. Would like to see increase volume with a rejection at the 200dMA/ Decade VWAP, swing failure down to a lower leg on the wedge.
Target remains at $10,500.
Using the 4Hr TF, the Gartley Harm. has a potential to following through the current price action. ATM BTC has sold off to just above the Fib level 0.66 and could drop lower/ or SF the last lows from today to rally and leave trapped shorts under water.
