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g_adamopoulos
Nov 17, 2022 6:05 AM

Rare divergence Long

Cosmos / EuroCoinbase

Description

I found a rare divergence between two triangles in the price (descending) and RSI (ascending) in my favorite 4h ATOM/EUR pair...

If the price breaks above the upper triangle line, which i believe it will because of the divergence on the triangles, a move to at least 11.88 should be expected.

I'm getting in now, I will add more if the price drops to the lower trend line depending on the RSI too. I will add more too if it clearly breaks the upper trend line of the triangle...

Beware of a fake break in both directions.

HAVE FUN!!!

Comment

Targets

a) 10,84
b) 11,72
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