Keep in mind we're in a rising wedge right now, which is bearish biased.
We made a higher high recently, but RSI made a lower high (bearish divergence).
Same exact thing happened just before the covid crash. We had a run up in price and higher highs on the RSI. Then as soon as the bearish divergence signalled, we got a crash.
We made a higher high recently, but RSI made a lower high (bearish divergence).
Same exact thing happened just before the covid crash. We had a run up in price and higher highs on the RSI. Then as soon as the bearish divergence signalled, we got a crash.