TradingView
Stratex1
May 24, 2022 5:29 AM

Bullish Divergence & EQ Up Close #Bitcoin 

Bitcoin / TetherUSBinance

Description

Zoomed in on the Hourly timeframe we can see the EQ playing out a bit more. This EQ however is placed in a position which also indicates that it is a Bearflag.

Aside from the potentially bearish pattern forming, there is also a Bullish Divergence on the RSI below, as indicated by the arrows.
More