Avril_Forex

BTC/USDT The end of the pullback and the downward trend

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello friends

BTC broke the uptrend line, signaling the beginning of a downtrend
The price had a pullback as expected
And it seems that the downward trend continues due to the following reasons:

*Weekly time frame:
- The formation of a pin bar candle and a bearish candle after that
- RSI divergence with the price trend

* Daily time frame:
- Breaking the bullish trend in pullback
- Divergence
- Bearish MACD

And in the 4H time frame, signs of reduction are seen

be profitable

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