BTC is forming a bear flag on the 4 hour / 1 hour Chart.
Decreased volume as the market continues in a slight upward channel, will provide confluence for the flag, by way of a bearish divergence:
Price up/Volume down
Approximated target from a breakdown in the next 24 hours is: 48400 - 48700.
SHORT near term trade
Decreased volume as the market continues in a slight upward channel, will provide confluence for the flag, by way of a bearish divergence:
Price up/Volume down
Approximated target from a breakdown in the next 24 hours is: 48400 - 48700.
SHORT near term trade