Morning guys, we have an interesting pattern still in play on BTCUSDT. We have a cypher (bearish) that was formed on the 22nd of March (Daily TF). Although we haven't seen a good reversal sign around our PRZ, we can see that net volume has dropped dramatically since then. I do think this micro pump we have been seeing is a bull trap. I've been wrong before, but this cypher pattern in play has been formed within a 2% error margin (which means it's pretty damn accurate). This pattern will only be invalidated if price pushes above 32000. In terms of confluence for a reversal, I'm not seeing much except for a very subtle hidden bullish divergence on the RSI (slightly higher lows on the close with lower lows on the RSI). Opinions?
