Sourse: Bulkowski "I found that the best divergence signals in the RSI and CCI indicators are when the peaks are spaced less than 2 months apart – 1 month apart is best (daily charts only)."
it may overrun bearish Divergences...it is a Ponzi Scheme and manipulated by few Players
mrsceleste
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This is a great demonstration..what do you think targets are in your opinion? Over the next month I'm thinking 46K but perhaps maybe not after a buy above last high..after an imminent pullback first. My outlook could change as the week passes. I love the divergence and noticed that as well.
Lbjnation
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Huge bearish on the weekly as well
watchtrend
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Agree with short trend
Lucid_Liquidity
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This is BULLISH AF BRO! Learn your divergences homie!
derevo
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How this indicator works:
RSI is considered overbought when above 70 and oversold when below 30. These traditional levels can also be adjusted if necessary to better fit the security. For example, if a security is repeatedly reaching the overbought level of 70 you may want to adjust this level to 80.
Note: During strong trends, the RSI may remain in overbought or oversold for extended periods.