BTC1! clear bearish div

rejection from the 4H 200ema, and price hit resistance of descending channel. Confirmation at the 4H candle close in 2 hours and a half.

BTC1! has been a leading indicator for BTC lately and has clearer patterns than BTC.

ความคิดเห็น:

Bearish div was not confirmed but still possible. Change in trend is only confirmed with price retest of the 4H 200 ema and support not just closing above it.

ความคิดเห็น:

Bearish divergence formed