support zone 1.7-2 take profit area 4.5 cmf purchasing power is going up.
We can see that this week btc had a bounce back to 55k. but look at very small volume and rsi starts to go down. dmi shows that the uptrend line has turned down. and the selling trend started to go up. As you can see, there is a full candle right now. but I think it will turn into an inverted hammer candle this week to resume its downtrend.
We're having a big boost. form the flag pattern. when the price hits the 0.7 fib zone. btc can go down.
resistance at 0.6 fib Backtest 0.5 fib We will have a sideways path until April 19, 20
We are waiting for the avax breakout this month.
Bitcoin is forming a declining megaphone pattern. We are waiting for the final price drop.
with good news from italy. algorand will have a strong price increase.