BTC/USDT tested and failed to break above current resistance of $46,743.43...
This left us with a break under the local trendline as well as having RSI Divergence.
This could either be a bear trap or a start to a nice pullback.
Once this retests the trendline and shows signs of weakness we will know a pullback is very close.
This pullback could land us back to our main trendline or break us further below to $40,000.
Let me know what you think!
This left us with a break under the local trendline as well as having RSI Divergence.
This could either be a bear trap or a start to a nice pullback.
Once this retests the trendline and shows signs of weakness we will know a pullback is very close.
This pullback could land us back to our main trendline or break us further below to $40,000.
Let me know what you think!