Watching for 93.5K support

Morning folks,

Last time we've taken a pause, because of Holiday and some uncertainty as market could form three different patterns. Now the amount of candidates is reduced, so, we could speak more specifically.

In fact, minor upside action that has happened last week, increase chances for upside butterfly. But, since action is relatively slow, we prefer to use lowest Fib support to consider position taking. 93.5K looks to be OK for this. Besides, this is trend line of broken triangle.

Invalidation point of this scenario is lows at 90.5K level. So, not too big risk. If BTC breaks it - we get deeper downside action of a larger scale. In fact, this will erase the butterfly. Upside target is the same 102K.