Ravich000

BTC Bearish Divergence pullback?

Short
BITSTAMP:BTCUSD   Bitcoin
We are seeing very mature Bearish Divergence on multiple assets in crypto space including BTC and ETH on both RSI and MACD oscillators. Could imply short-term pullback, possibly to backtest 52k range for support. Probably wise to sit this one out, high risk areas to take longs.
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.