BTC/USD 1D Update

Bitcoin / TetherUS BINANCE:BTCUSDT

reiiss7

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.

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