Signal BTCUSD Sell — D1 - May 13, 2026 18:31 GMT-4
The daily chart for BTCUSD is showing a strong downtrend, with the price declining from the March highs. The recent candles have formed a bearish engulfing pattern, indicating a potential reversal in the trend. The momentum indicators are also pointing towards a sell signal, with the RSI and MACD lines crossing below the zero level. The volume has been increasing on the downside, confirming the strength of the move. The current setup supports a sell signal, as the price is approaching a key resistance level, and a break below this level could lead to further declines. The forward-looking view suggests…