If you see repeating engulfing red candles on the 1H charts, the next step is to switch to 4H and 1D charts and check for the big trend.
Forecast Analysis
Dec 9
Bearish
$BTC
Guys you will be shocked at that day, when btc break the market with a down of 5-10K $ a day.
I will not be be shocked, As I told on a day when it breaks down to 15k$ in Hours that correction is started now, I can confirm same goes now, that correction is started day by day it decreased to 70k$BTC its my target.
We see, BTC is up but now now, But it is normal in market that coins go up...But overall their downing value will be more.
Lets see, when it will done, I was observing market, now a days its not making big moves.
You will be acknowledged this soon, When meme and alt coins go down..
Look this chart of BTC, On 1 H timeframe making big and big, red candles.