BTC - BEARISH ENGULFING PATTERN CONFIRMEFD !

H4 : Last black candle confirmed the previous engulfing pattern
In addition, closing level was below TS, currently @ 37164
Further downside should follow, calling for a move towards
the next significant support zone of 35646/35471 which is also
the current support trend line which started a couple days ago
@ 29150

H1 : 38.2 % Fib re @ 38226 filled
we may see some recovery attempt which is expected to be pretty limited
Nevertheless, a move above MBB @ 37550 would be the first signal of a recovery
continuation price action

M15 : Former support trend line broken
Likely to see a pullback attempt to this uptrend line support around 37300 which is
also the current level of MBB
A move above 37300 would stabilize the ongoing downside move

M5 : Ongoing recovery attempt has already been rejected by the MBB
Watch MBB ahead of KS as very short term lead indicators for direction