As you can see, the RSI has been forming a bearish divergence since 48K
I believe Divergences are extremely undervalued as I've seen a very large majority of them end up playing out completely.
Now, since there is a lot of positive news surrounding bitcoin about the ETF's, I would be looking to take profit sooner. (Red Lines)
Be careful Traders.
(Not financial advice)
I believe Divergences are extremely undervalued as I've seen a very large majority of them end up playing out completely.
Now, since there is a lot of positive news surrounding bitcoin about the ETF's, I would be looking to take profit sooner. (Red Lines)
Be careful Traders.
(Not financial advice)