#BTC☀ 💰
After several days of trending down and fighting against the daily trend, we have expanded to the downside, trading around range lows.
The daily chart points to three scenarios:
1. BTC holds the 200 EMA and bounces back to the daily trend, where the fight against the D1 trend should resume (blue).
2. BTC holds the 200 EMA, bounces to the D1 trend, reclaims it, and turns it into support (red).
3. BTC fails to hold the daily 200 EMA, sending prices lower (black).
Keep in mind that the most important thing now is to hold the range lows and the D1 200 EMA.