Weekly Time-frame

We are still in the Demand and supply area until one gives way either to the upside or to the downside. Trading area $48,000 to $46,000. We might end up having a dump this April fools and create a Flip zone instead of Rally Base Rally.

1D Time-frame

We are not yet overbought in 1D TF. But the rejection from $48,200 sting a lot that it’s having hard time going back up. We can expect bearish candle today as we have a bearish engulfing candle stick pattern. Greed and Fear Index now at #52 still in Greed but this is bearish .

4H Time-frame

Confirmed we are staying inside the demand zone . Planning to flip it into a supply zone and start dumping. We will see if the bears will be able to flip the zone.
Double top breakout confirmed to the downside.

1H Time-frame

Just as I said before that we will be crossing in the thinnest part of the cloud. Now in 1h TF we can see we are crossing in the thinnest part indeed.

We will discuss more on the possibility on our Live. Stay tune and check with us!

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