According to the 30M time - frame, I found strong selling pressure in the background, which is a sign that sellers are in control. Anyway, usually after the stong impulsive movement we may expect the correction. I have found that BTC is created possible bearish flag pattern, which is a sign for potential downward continuation. My advice is to watch for selling opportunities after a breakout of the flag. A downward target is set at the price of $3.333.
$3.641 – Intraday resistance
$3.478– Intraday support
$3.333 – Objective target 1
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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