We are looking at bearish divergence for XBTUSD with the MACD.
Candles closed printing higher highs, while the MACD printed a lower high, giving us a strong bearish signal.
We also have prices breaking below EMA300 and EMA10.
This one is only confirmed once the 4H candle closes.
What these signals are telling us that XBTUSD can test lower support levels.
These support levels are marked and highlighted on the chart.
Conditions for change
If prices move back up and close above EMA300, the above signals become invalid.
Thanks a lot for reading.
Namaste.
Candles closed printing higher highs, while the MACD printed a lower high, giving us a strong bearish signal.
We also have prices breaking below EMA300 and EMA10.
This one is only confirmed once the 4H candle closes.
What these signals are telling us that XBTUSD can test lower support levels.
These support levels are marked and highlighted on the chart.
Conditions for change
If prices move back up and close above EMA300, the above signals become invalid.
Thanks a lot for reading.
Namaste.
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lamatrades.com (Since 2017)
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t.me/masteranandatrades/6172
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。