BTC Update 9th of august 2018

in #btc6 years ago (edited)

Expecting bitcoin to pause today and drop down more tomorrow
Weekly bearish engulfing
https://www.tradingview.com/x/TlS9aqJA/
This means that the bears undid all the bullish action from the green candle before
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)