RSI Bearish divergence + Bearish Engulfing on weekly TF
Bearish divergence
As we can see here there is a RSI bearish divergence (also in Daily TF) but as we know 1H and 4H TF have bullish divergence , in weekly BTC is not promising
Bearish Engulfing
We had such a this engulfing candle in Late 2017 20K which leaded BTC to 3K , now we can see a massive bearish engulfing candle that will close in 11 hours and its absolutely not a good sign for bitcoin.
In case of closing this weekly candle as an engulfing one we can expect BTC to reach 12K or 8K (in very low case )
What you think about this situation ?
leave your opinion on comment it can help me and many others to take more profit from this monster
As we can see here there is a RSI bearish divergence (also in Daily TF) but as we know 1H and 4H TF have bullish divergence , in weekly BTC is not promising
Bearish Engulfing
We had such a this engulfing candle in Late 2017 20K which leaded BTC to 3K , now we can see a massive bearish engulfing candle that will close in 11 hours and its absolutely not a good sign for bitcoin.
In case of closing this weekly candle as an engulfing one we can expect BTC to reach 12K or 8K (in very low case )
What you think about this situation ?
leave your opinion on comment it can help me and many others to take more profit from this monster
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