Short

BTC1! clear bearish div

Updated

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.

Note

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.

Note

Bearish divergence formed

nagihatoum

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