Looking at the double top on the weekly time frame seems like a strong possibity that a drop could happen
With I this year still
We seeing a slight up movement followed a range indicating that we are looking at a possible bearish flag 8n the making.
These kind of patterns on btc has worked and also proven useless.
As with previous pattern at support we could see a failure to break below 30k and keep this Level a weekly close below 28k would make this more bearish
The weekly ichimoku shows a bearish turn on the kujin and teksan
We still inside the cloud a break below might confirm a turn for the bears
Rsi is below 50
ADX shows neutral
D+&D- almost equal
The signal line 8s below 20 good sign for a fur. Bullish
Signals are mixed but at this point we. Could see a little bull push up to 45k I guess
But we are currently still in a box range right now so let's see where we break out between 65k and 30k.
Good luck
With I this year still
We seeing a slight up movement followed a range indicating that we are looking at a possible bearish flag 8n the making.
These kind of patterns on btc has worked and also proven useless.
As with previous pattern at support we could see a failure to break below 30k and keep this Level a weekly close below 28k would make this more bearish
The weekly ichimoku shows a bearish turn on the kujin and teksan
We still inside the cloud a break below might confirm a turn for the bears
Rsi is below 50
ADX shows neutral
D+&D- almost equal
The signal line 8s below 20 good sign for a fur. Bullish
Signals are mixed but at this point we. Could see a little bull push up to 45k I guess
But we are currently still in a box range right now so let's see where we break out between 65k and 30k.
Good luck
