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A clear bearish divergence of #bitcoin in 4H time frame
Bitcoin
A clear bearish divergence of #bitcoin in 4H time frame
By naphyse
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Jul 16, 2023
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Jul 16, 2023
A bearish RSI divergence is formed for days, this may cause #bitcoin to hit the liquidation zone of 29500 #USDT (Most optimistic scenario)
Also a bearish Bart Head pattern is in play for weeks.
Invalidation: If #btc breaks 33K with weekly close.
NOT FINANCIAL ADVICE.
Chart Patterns
Technical Indicators
Trend Analysis
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