BTCUSD H4 Correction up. Checkout the idea detail's and update's for the complete picture.
UnknownUnicorn1615160
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Hey, RSI is not bearish divergence. It's positive divergence on the final wave down to 3.1k. Then RSI doesn't show any divergence from price. Why is less volume higher prices? Need more clarification on charts or analysis.
Weavs844
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@BitcoinBobby, yep agree. RSI stayed perfectly in line with price action. A lot of reaching here... market may move down but for other reason imo
LevRidge
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@Weavs844, lol @ a lot of reaching here... you guys can't even notice real divergence when it happens..
LevRidge
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@BitcoinBobby, I will give u a clue.. and RSI stays the same (mostly) while volume of the temporary trend is dropping, that is divergence.. in this case the high on dec rsi was lower than the current price (at the time of this chart on Jan 9th... while in a rising wedge AND lower bullish volume == divergence == this drop... simple.