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Bitcoin
Short

BULLISH MOMENTUM WEAKENING | RSI DIVERGENCE

165
Overall Bearish Bias Chart Indication

  • Bearish RSI Divergence: RSI printing lower + price is rising slowly
  • Watch for pivot around the 4 levels in the chart
  • Expect price drop upon trend line break
  • Price action generally following broad financial market movement (hence current upwards correction)


snapshot
4H RSI Divergence
JayanVarsani
Also on:
Chart PatternscontinuationcorrectionCryptocurrencyDivergenceTechnical IndicatorsshortTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternscontinuationcorrectionCryptocurrencyDivergenceTechnical IndicatorsshortTrend Analysis
JayanVarsani
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.