Avril_Forex

BTC/USDT The end of the pullback and the downward trend

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello friends

BTC broke the uptrend line, signaling the beginning of a downtrend
The price had a pullback as expected
And it seems that the downward trend continues due to the following reasons:

*Weekly time frame:
- The formation of a pin bar candle and a bearish candle after that
- RSI divergence with the price trend

* Daily time frame:
- Breaking the bullish trend in pullback
- Divergence
- Bearish MACD

And in the 4H time frame, signs of reduction are seen

be profitable

Thank you for expressing your opinion with likes and comments

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.