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WeAreSat0shi
Jul 12, 2021 1:20 PM

Text book bearish and bullish divergence 

Bitcoin Liquid IndexBrave New Coin

Description

Lets take a look.

Price goes up and indicator goes down you have a bearish divergence which means price should eventually follow.

Price go down and indicator goes up we have a bullish divergence and the price should eventually follow.

It's all on the same chart, break out expected soon... Which way? answers down below.
Comments
Minimal_Est
bearish divergence has been closed the moment it dumped 50%. So I think we should look at the the bullish divergance for the moment.
WeAreSat0shi
@Minimal_Est yes exactly.
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