BTC-USDT Chart may look promising, However be cautious

Consider the Chart of BTC-USDT (Binance) vis-a-vis its RSI

Clear Negative Divergence can be seen + RSI has hit upper channel resistance. Let it take its own course in a day of two and then trade!

I m neutral

Just a technical advice

Happy Trading!

Comment:

So the Negative Divergence plays out well. As expected, we are down from 52K to sub 46K level within two days

No trade Zone.

Keep Watching