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nagihatoum

BTC1! clear bearish div

Short
Futures Bitcoin CME (CME:BTC1!)  
nagihatoum Aggiornato   
CME:BTC1!   Futures Bitcoin CME
Trend Analysis Gann Chart Patterns Bitcoin Futures BTC BTCUSD
35
23
trendanalysis gann chartpattern btc1! btc btcusd
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.
Commento:
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.

snapshot
Commento:
Bearish divergence formed

snapshot

Idee correlate

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BTC, whales trying to reach capitulation point
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