BTC had a nice parabolic run it can continue if bulls manage to break the previous HH Otherwise i'm afraid we'll drop back to the third base (which is between 5000/5500$)
The key point is now around 9300$ so the entry for the short will be good below it (9250$ is great)
Around 8800/7500$ we will probably have some consolidation
have stop-losses for your trade.
FOR THE BULLS : HIGH PROBABILITY THAT THIS DOWNTREND WAS JUST A SHAKEOUT And if this IHS is in play we'll might jump for a new high !! zone : support @9850$ , resistance @10400 @10800 @11200 Targeting first 12500 then 13500 then a new high around 18000$