BTCUSD ❕ resistance zone
The price formed a bearish takeover pattern on the 4H Timeframe and the wide range candlestick confirmed the boundaries of the resistance zone.
The BTC and RSI chart formed a bearish divergence (1H and 30m TFs) and the indicator itself returned to the bear zone.
I expect the price to fall when Bitcoin fixes below the lower resistance boundary.
The BTC and RSI chart formed a bearish divergence (1H and 30m TFs) and the indicator itself returned to the bear zone.
I expect the price to fall when Bitcoin fixes below the lower resistance boundary.
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