Athanasius2

Bitcoin Bearish RSI Divergence on Weekly

Short
COINBASE:BTCUSD   Bitcoin
This past year we have seen higher highs and higher lows in price action paired with lower highs and lower lows in the RSI 14. Watch for a trend reversal on the weekly in the coming months, as it could signal a sharp drop in price.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.