BTC/USD 1D Update
Updated
We are currently in a Bear Flag .
BULL POINTS:
- Volume Divergence on 1 Day
- Broken back up into 4 Hour Bull Trend
BEAR POINTS:
- Bear Flag with 1 Day resistance (where we are currently at) with low volume .
- On our Volume indicator, we are nowhere close to breaking out.
A break up from this pattern could mean a retest of 52K . If we don't break it's likely we can drop to 28.9K - 32K - somewhere around here and range for a while.
BULL POINTS:
- Volume Divergence on 1 Day
- Broken back up into 4 Hour Bull Trend
BEAR POINTS:
- Bear Flag with 1 Day resistance (where we are currently at) with low volume .
- On our Volume indicator, we are nowhere close to breaking out.
A break up from this pattern could mean a retest of 52K . If we don't break it's likely we can drop to 28.9K - 32K - somewhere around here and range for a while.
Note
Looks like that was a BART1D rejected at Blue Line
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