The CME futures shows a head and shoulders that is not clear in BTCUSD. CME Also shows a W formation which is bullish. While BTCUSD has a clear fallen wedge and broke out of it which is also bullish. Combining information from both gives a clearer picture of what will happen. Now obviously the trend is up. But on the CME, $9323 is a very strong resistance because it is were price will retest the neckline of the H&S, It is also bottom resistance of the 4H ichimoku cloud and the top resistance of the 2H ichimoku cloud. Price action did not reach the H&S target which is very close to the next gap at $7670, so price will have a very strong incentive to go down again.
