Bearish Divergence on the weekly chart !

Hello Traders 🐺,

Over the past few days, we've witnessed a massive market dump. Interestingly, just one day before BTC's drop, I published an idea predicting the downturn, yet it received the lowest engagement I've ever had! Why? Because most people were expecting a continuous pump. But here's the truth: even in a bull market, price corrections are inevitable — that's how the market functions. 📉

So, if you want to stay ahead of the game and not miss the next big move, make sure you're following me for more insights! 🚀


Despite the recent dump, I still believe that Altcoins are about to experience a massive pump. But why?

As you can see in the chart, there's a significant bearish divergence on the weekly time frame. And as many of you know, the higher the time frame, the more reliable the signals, so a bearish divergence on the weekly is something we can really count on.

Secondly, we have a double top formation near a key resistance zone, which is a strong indication that a reversal could be near. Thirdly, we’re seeing a rising wedge pattern, which is another bearish sign.

So, in my opinion, all these factors together strongly suggest that we’re about to witness a major correction in the BTC.D chart — and a huge pump in the Altcoin market! 🚀


🐺 Stay sharp, trade smart! – KIU_COIN 🐺