We waited a few days to let the dust settle as expected. Volume dropped off and price action has slowed considerably. We were watching for a higher low ideally above $8500 last post with 9k being a level to watch. Thus far $8917 is our higher low. From there BTC began entering an equilibrium which did have a bear break yesterday after briefly tightening up within the equilibrium. EMAs have now caught up and waiting to see what direction this moves. Would like bulls to hold the $8917 low but they continue to flirt within this $9000-9200 area with an inability to shift towards higher levels thus far. Keep a watch on volume as weekend nears as now that things have settled down, I do expect a move to occur rather than just a slow drift downwards or upwards.
@alimannn, yep. thats the nice thing for trading. Price is irrelevant. Plenty of money to be made in crypto even if market is bearish and even if you don't short. Still provides the significant pumps on a consistent basis and allows for respectable SLs to be set.