It looks like a bear flag on the hourly, market consolidates after the recent drop coupled with lower than average volume. For bull, they need to keep prices above the supporting trendline.
I do live trades and bitcoin market analysis daily. Follow me on my bitcoin trading blog and twitter: ibankbitcoins.com, twitter.com/ibankbitcoins
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.