Hello Dear Traders,
i dont use any indicator in my analysis, bt i have past experiences tht whenever there is a Divergence on daily timeframe on RSI.
BTC respects tht very well, as u can see in chart RSI is indicating lower low structure, bt price is making higher-high structure.
Right now in Crypto market fundamental news are very strong, technical analysis may get invalid.
lets see how btc reacts to this bearish divergence.
i dont use any indicator in my analysis, bt i have past experiences tht whenever there is a Divergence on daily timeframe on RSI.
BTC respects tht very well, as u can see in chart RSI is indicating lower low structure, bt price is making higher-high structure.
Right now in Crypto market fundamental news are very strong, technical analysis may get invalid.
lets see how btc reacts to this bearish divergence.
註釋
bearish divergence worked again and btc dumped from 49500$ zone
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