Bearish Divergence on BTC

Updated

Just noting the bearish divergence developing here. In the past when this has appeared on the 1-hour chart, we've usually seen BTC shed between 1-3k in value, though it can be more than that as well.

Good luck out there

Note

Drop inc

Note

snapshot

Note

Drop is over - BTC found support at 53800 (.236 fib) and will likely continue upwards. I made buys at the local bottom

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