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BTCUSDT – CHECKIN for BINANCE:BTCUSDT by CryptoColugo

Hello Friends from all around the world ✌🏻

The week is coming to end so we can check out the weekly candle, what is good what is bad?

bad = bearish engulfing candle

Good = retest previous resistance

Good = didn’t pullback much so a bullflag is still possible

Where i’m looking at now is how the weekly candle will close, so all depend on the price action for the day.

If we can close near the red line marked on the chart that would let me lean more bullish and i expect continuation to the upside. We have then a long lower wick and bears look tired.

If we close near the low of the week that would mean that bears have still control so we can expect a further pullback.

Let’s see what we get, for now i’m patience.

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