BTC Reversal Likely

This is the BTC/USDT 45 minute chart.

It seems like BTC has reversed course from the downtrend.

It appears BTC is following a modified Shiff channel with an equal overthrow and underthrow.

Money Flow Index is trending up.

On Balance Volume is middle of channel suggesting accumulation will commence or perhaps BTC is still in a downtrend but a weak downtrend.
BTCreversalTrend Analysis

Penafian