Nutty_Trader

Bearish Divergences - Bearish Bat

Corto
KUCOIN:BTCUSDT   Bitcoin / Tether
When looking at Bitcoin in the 1H timeframe we have formed a couple of bearish divergences (1 Hidden 1 Regular). We have also formed a bearish bat gartley pattern. We are also coming upon quite heavy resistance (44.5K). Taking all of which into consideration, it seems Bitcoin will struggle to move above this current price range. If it does reach 44.5K I think that would be an excellent short entry.

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