BTC/USDT DUMP

5 mar 2021

good morning, low daily volume at this very moment is passing through the rejection zone with little hope I believe that if you stay above 48800 there is a chance of continuing high, but if you do not overcome the rejection (blue line), and reach the point of attack of the bears (red rectangle with bell) we can see a dip (black arrow) up to 40k and may encourage a more aggressive downward movement up to 36 (blue horizontal), which is a great point for the start of a big upward movement, if a more aggressive low does not occur the reversal point for a new high would be between 41 and 38k.

5 mar 2021

Nota

BTC is now reaching a positive scenario as described, reached and even exceeded 48,800 ~ so we continue on the bullish trend (feeling) and this is great.
There are 4 hours left to close the daily candle, I hope it will remain at 48,800 and upwards to continue the bullish trend.