BTC Patience for the Equilibrium

Nice to see the most likely anticipated price action after the breakout taking place, as we patiently wait for the break which may take another day to come. I do not use the 6H chart often, but when a pattern is more long and drawn out than anticipated, I prefer the condensed version for clarity.

We will be looking for a lower high to be set today, and bulls are hoping for 1 more push up over $9,600 to create more distance above the recent support $9,180.

Bulls have now had 2 chances for a position (each higher low) and now the bears will have a chance for an entry and a top fish of $10,000 which is just above our recent lower high. Not only is pattern recognition good for establishing trade game plans, but it is great to help us from over trading.