🅱️ Bitcoin Renko Daily & Weekly | Ultra-Bearish

19 במרץWith this system we are not focusing on the levels/prices but instead on the direction, the trend.

➖ Bitcoin is now bearish on the daily timeframe based on Renko.
(4h)
(D)

It turned red 16-March.
This is a combination of a top pattern and the classic Renko signal.

➖ As for the weekly Renko, this is very interesting:


Notice the first red brick since early November 2022.
A weekly close below $62,500 and we have a sell signal.

Thank you for reading.

Namaste.