@gking306 on BTCUSD | PriceONN Community
G
Seeing a clear bearish engulfing pattern forming on the H4 chart for BTCUSD. The previous bullish candle has been completely swallowed by this large red one. Combined with the RSI dipping below 35, this suggests a strong downward momentum building. We might see a retest of the S1 pivot level around 71048 soon.