ScotianBot

Double Bearish Divergence for Bitcoin?

COINBASE:BTCUSD   Bitcoin
Notice how the price of Bitcoin has created higher highs but the KST & RSI are displaying lower lows, despite the deviation on the RSI there's always a rejection back into what is forming into a descending triangle

The pattern could always play out bullishly, only time will tell.
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.