BTC Bearish & Bullish Update
Like i said in the morning - if we want to be bullish again we need a breakthrough right away from this area with another strong candle - we did it, almost!
Pushed through with a sloppy "Morning Star" candlestick pattern and are heading to test "FLAG" bottom trendline!
If today closes around $8400 then BTC forms in daily candle "Hammer" candlestick pattern (which is another bullish sign) and hopefully finally Consensus kicks in!
But if we just retest flag bottom trend line and find from there bearish price action then we are bearish again!
Good Luck!
Pushed through with a sloppy "Morning Star" candlestick pattern and are heading to test "FLAG" bottom trendline!
If today closes around $8400 then BTC forms in daily candle "Hammer" candlestick pattern (which is another bullish sign) and hopefully finally Consensus kicks in!
But if we just retest flag bottom trend line and find from there bearish price action then we are bearish again!
Good Luck!
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