btc bearish xabcd pattern lower high below major .50 fib
bearish candlesticks coming closing below 1h 200ema as well as the all too important 50% retracement (MAGENTA HORIZONTAL LINE) from april bull market high and june low, another lower high in a sequence of lower highs and lower lows.
bearish xabcd pattern called anti nen star (bat that doesn't make it to the .886 and reverses at .786 instead)
major fibs from the past remain present on charts as inflection points
divegences/convergences on oscillators
on lower time frames not pictured here there is further divergence and other oscillator trade signals
im short looking for the bottom of the range, maybe more
bearish xabcd pattern called anti nen star (bat that doesn't make it to the .886 and reverses at .786 instead)
major fibs from the past remain present on charts as inflection points
divegences/convergences on oscillators
on lower time frames not pictured here there is further divergence and other oscillator trade signals
im short looking for the bottom of the range, maybe more
Comment:
stop loss would be 2 consecutive 1hr candle closes above the 200 ema (green line)