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proper

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Bitcoin Analysis (BTC) $BTC Yesterday, we closed as a bullish engulfing above resistance but below the 50/100/200 EMA . Currently, we are forming a possible bear candle at support but below all EMA’s. Currently, the OBV is showing bearish divergence and the RSI is showing bullish divergence with possible hidden bearish divergence. The market structure is bearish. For the trend to flip bullish we need a HL followed by a HH. #BTC #proper analysis #new #canmostviews
Bitcoin Analysis (BTC) $BTC

Yesterday, we closed as a bullish engulfing above resistance but below the 50/100/200 EMA . Currently, we are forming a possible bear candle at support but below all EMA’s.

Currently, the OBV is showing bearish divergence and the RSI is showing bullish divergence with possible hidden bearish divergence.

The market structure is bearish. For the trend to flip bullish we need a HL followed by a HH.

#BTC #proper analysis #new #canmostviews
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