BTCUSD ❕ bearish divergence Short

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 5, 2022 3:42 PM

On the 4H Timeframe, the price and the RSI chart have formed a bearish divergence, confirmed by trading volumes.
BTC successfully tested 200EMA as resistance (4H TF)
I expect a correction after the price fixes under the support level.

Comments

Cybernetics_tl

⋅ Dec 5, 2022 5:05 PM

good one, short term correction or what? thanks for your though

SwallowPremium

⋅ Dec 6, 2022 4:48 PM

Interesting view, we probably agree with you!!

TheNewsCrypto

⋅ Dec 6, 2022 1:14 PM

Amazing job done, keep it up!

TheTradersAvenue

⋅ Dec 6, 2022 11:49 AM

Beautiful setup mate. Thank you!

AtlasTrades

⋅ Dec 5, 2022 7:53 PM

great lovely buddy, I think you are right about BTCUSD

YMGroup

⋅ Dec 5, 2022 7:44 PM

Very nice BTCUSD chart :) I love it

ProjectSyndicate

⋅ Dec 5, 2022 7:33 PM

Thanks for sharing your analysis and charts

Michael_Winner

⋅ Dec 5, 2022 7:28 PM

reliable BTCUSD technical overview, thank you

Gold-Tech

⋅ Dec 5, 2022 3:49 PM

I agree with the priority. We will keep an eye on the market