After a 17% drop over the weekend we now are back in a nice consolidation zone. this level is right on our 61.8 fib level, it also lines up with previous structure before we seen a move to 10k. Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up. I am seeing a lot of these candles in this zone which have wicks to the downside. That indicates buying pressure. I will be looking for longs off the trend.
Trend bias still telling us we are bearing for the minute XBT/BTC 4hr
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