BTC bearish signs

Nov 10, 2020

There is a diamond reversal pattern that has formed, 4H bearish divergences, a 12H bearish engulfing candle, OBV crossed under 1 week trendline. I expect a drop, a sort of ABC / running flat correction , but price expansion (orange triangle) from the current consolidation is hard to predict, can go up to test the channel again before dropping.

Nov 11, 2020

Note

testing resistance likely to break up