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Bearish Divergence in Lower TF's Do NOT Mean Significant Drop!

BITSTAMP:BTCUSD   ביטקוין
Yes, we may currently see bearish divergence in lower time frames. However DO NOT BE FOOLED into assuming this means we resume another bout of falling to a lower low to revisit $6k's again. WHY? Because of what we are seeing inside the indicators in higher time frames; such as the information I've shared in the 4-Day Time Frame in this publication. This current period of downward pressure we see in lower time frames will result in more of a TIME correction "rather than" a severe PRICE correction. I'll create a video publication in a few hours.

Here's a screenshot of the 4-Day TF once again in case the cover chart is scrunched up too much to see clearly what I intend to convey on the chart.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.