abdulla_faraz

BTC losing momentum

Short
abdulla_faraz Updated   
BITSTAMP:BTCUSD   Bitcoin
After a sizeable bearish engulfing candle, we're seeing btcusd lose momentum and difficulty sustaining the buy side. It's very likely that over the next few days we'll see sellers dominate the market.
Comment:
Even though price has gone up since I posted the chart, we're seeing RSI divergence, indicating that there's a good chance this will start falling.


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