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Nutty_Trader

Bearish Divergence

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Bitcoin / Tether (KUCOIN:BTCUSDT)  
Nutty_Trader  
KUCOIN:BTCUSDT   Bitcoin / Tether
Chart Patterns Trend Analysis Technical Indicators Bitcoin (Cryptocurrency) Ethereum (Cryptocurrency) crypto short Relative Strength Index (RSI) Cryptocurrency kucoin BTC
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chartpattern trendanalysis indicator bitcoin ethereum crypto short relativestrengthindex cryptocurrency kucoin btc
Looks like BTC is losing its momentum. I believe this is just part of a relief rally and that we will soon be heading back to the downside. We have formed bearish divergence on the 4H as well as 1D timeframes. We see that RSI has been trending downwards since the initial pump. We could see a little fakeout to the upside first, but I think that tomorrow will be a red sunday.

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