Apple has been forming a Bearish divergence on the weekly charts since August! Weakness is shown on two momentum indicators with the 100 EMA and the golden pocket ratios .65 & .618 confirming our next target!
With the current trend weakening we can see a bearish divergence forming here in the 4 hourly chart, signaling a major negative move in the price. If we fail to hold $55.5 we could see #BTC correcting down to my daily support zone of $51.5. Possibly even wicking down and retesting our bearish trendline.