Even if OBV as state-of-the art volume indicator suggests a healthy uptrend, RSI and MACD tells a different story.
It seems like RSI shows some signs of divergence while forming lower highs while the price is forming higher highs. For me the RSI-Indicator or Oscillator is comparable to a Momentum-Line showing if a trend slows down or speeds up.
Let's see what happens next....
... I'll keep you updated!
It seems like RSI shows some signs of divergence while forming lower highs while the price is forming higher highs. For me the RSI-Indicator or Oscillator is comparable to a Momentum-Line showing if a trend slows down or speeds up.
Let's see what happens next....
... I'll keep you updated!
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