THURSDAY
18-JUL
Price broke LW low and has reacted from the W1 buy zone.
It seems unlikely to seek the upside LQ above LW high as there may be a lot of resistance on the way up.
Additionally, price may push even lower into the buy zone in order to trap more sellers.
Price took out Y high this morning but was unable to continue further.
If buyers start pushing price up, sellers may be waiting around the D1 sell zone just above $10,000.
The D1 sell zone could potentially push price further down towards the weekly low and into the W1 buy zone.
