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Mr_elliottt
Feb 26, 2021 11:30 PM

BTCUSD 

Bitcoin / TetherUSBinance

Description

The price seems to be at the end of a correction triangle wave.
The divergence in the RSI indicator as well as the decrease in trading volume during the correction wave confirm this analysis.

Comment

Comments
KuangWoo
where you see the divergence? I can't see any. Do you mean on the second picture?
Mr_elliottt
@KuangWoo on the first picture. The bottom of wave c is lower than the bottom of wave a, but the indicator on the bottom of wave c is higher than the bottom of wave a.
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