@william1995 on BTCUSD | PriceONN Community
W
Saw a pretty significant bearish engulfing pattern form on the 1hr chart just now. Price rallied briefly, then sellers just came in hard and pushed it right back down, closing well below the previous candle's open. Combined with the RSI hovering around 45, this suggests we might see some downside momentum building. Definitely watching to see if it can hold the 66600 pivot.