Since the last pump and dump most recently,then getting rejected by the trend lines, and ever since the dump we have been displaying bullish divergence.
bearish price action (or sideways in this case) turned into bullish divergence.
bullish divergence turned into bulish price action, bullish price action turned into bearish divergence with increase in price action
increase price action turned into bearish divergence
1. Rsi shoots up to overbought,, bearish divergence takes affect and price comes down
2. We just reset the rsi and fulfilled bearish divergence and we will now display bullish divergence with reflection in price
3. Divergence cycle is played out and we out to continue to drop from here
I did infact long at 6700
my plan was to exit my position at the second wave of bearish divergence diplayed in the rsi channel, but i did not and im still in it.
my mistake was that i did not take profits earlier
I expexted a stronger impulse wave and break down
however i see more strength in the bulls, we can still get rejected from here
I have two years of experience on trading on binance mobile app and two months experience leverage trading
bearish price action (or sideways in this case) turned into bullish divergence.
bullish divergence turned into bulish price action, bullish price action turned into bearish divergence with increase in price action
increase price action turned into bearish divergence
1. Rsi shoots up to overbought,, bearish divergence takes affect and price comes down
2. We just reset the rsi and fulfilled bearish divergence and we will now display bullish divergence with reflection in price
3. Divergence cycle is played out and we out to continue to drop from here
I did infact long at 6700
my plan was to exit my position at the second wave of bearish divergence diplayed in the rsi channel, but i did not and im still in it.
my mistake was that i did not take profits earlier
I expexted a stronger impulse wave and break down
however i see more strength in the bulls, we can still get rejected from here
I have two years of experience on trading on binance mobile app and two months experience leverage trading