BTC Bear Flag and support zones

5 apr 2018On the 4hr we are currently seeing a Bear flag form, which indicates a possible sell off on the horizon. I am currently watching for a bounce/reversal near the February low which also coincides directly on the bottom of the falling wedge. If the volume is insignifigant and the bounce is weak, I would expect a gradual sell off and continued dump to either support zone 1 or 2 before a reversal. I am hopefully that we will break the bearish channel in the next month.