Overnight volume non-existent on this oversold bounce.
Setup on the hourly for a potential bear flag if we cannot break $331.
Watching BTC for a breakdown losing 15 min higher lows to indicate this bounce is likely to see lower lows.
Hourly bullish MACD cross has no confidence without bull volume behind it.
Cautious of continued consolidation today unless we see increasing volume breaking $331.
Setup on the hourly for a potential bear flag if we cannot break $331.
Watching BTC for a breakdown losing 15 min higher lows to indicate this bounce is likely to see lower lows.
Hourly bullish MACD cross has no confidence without bull volume behind it.
Cautious of continued consolidation today unless we see increasing volume breaking $331.
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