BTC Update 9th of august 2018

in #btc7 years ago (edited)

Expecting bitcoin to pause today and drop down more tomorrow
Weekly bearish engulfing

This means that the bears undid all the bullish action from the green candle before

https://www.tradingview.com/x/TlS9aqJA/ https://www.tradingview.com/x/k1A0ldon/ https://www.tradingview.com/x/bktR5m6u/ (seeing a rising wedge after a bullish rsi divergence => Small uptrend for the hourly traders means daily traders re-enter shorts)