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SMTMi
Jul 21, 2021 8:33 PM

BTCUSD - RSI divergence with fake breakout ? Long

Bitcoin / United States DollarCoinbase

Description

BTCUSD moving in a range for 2 months between 41.3K and 29.8K
A clear divergence in the RSI appears with a potential fake breakout of the RSI trend. Similar situation to the one that triggered the uptrend reversal in mid-April. Is it again a fake breakout annoucing a trend reversal ?
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