Shown in the chart the support lines for BTCUSDT. Divergence with the rsi continued to happen over and over.
The price reacts to RSI and Volume to get a good entry for a short-term trade.
For the long and med term trading, waiting for the price to get back above 100MA is a good idea, The 50MA should stay above 100MA to make sure the price going in a positive...
Divergence occurs when the indicator fails to imitate the pattern on the price chart, a sign of trend weakness and likely reversal. In an up-trend, if the price makes a new High (a higher peak than the last) but the indicator fails to do so, that is a bearish divergence.
You can see the supports that can resist the price fall However, 30k is strong support...
