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$BTC Downside Incoming?! 👀
The indicators on the 1 and 4hr timeframes are not looking great...
The 4Hr Stochastic RSI has a hidden bearish divergence. It's overbought with a bearish crossover.
I can also see a hidden bearish divergence on the 4hr RSI.
The 4hr MACD is showing fading buy pressure in the bearish area of the indicator.
The 1hr 200MA is just above price action at $88,204. If price action can't get above the 1hr 200MA we will go down.
NFA, DYOR ⚠️
#Crypto #Trading #BTC