$BTC, First major test of the bullish (HH/HL) structure

7 Eyl 2021

BTC
First major test of the bullish (HH/HL) structure since mid July

-20% candle (not the 1st time in a bullish run, see pic 2-3)

Two main paths I see based on how daily closes:
Lama into a new HH above 56k+ OR structure breakdown into ~39k area (.618fib)

Wait for it
#BTC

8 Eyl 2021

Not

BTC

Sitting on the 200 DMA // 44k support level..

UCTS showing a 1D Sell signal for the 1st time since mid July (needs to close this way to be confirmed)

For now, looking for bottom signals rather than trend changing ones..

18 Eyl 2021

Not

BTC

Just a little push and it may get really bullish again..