davidrainone47

Bearish Divergence or Not?

COINBASE:ETHUSD   Ethereum
I saw someone on twitter post the ETH monthly timeframe as a bearish divergence. If you measure the candle bodies, it is a bearish divergence. Looking at the wicks, it is not a bearish divergence. I don't really believe this to be a bearish divergence because of the wicks. The local top was $4,384, not the close of the monthly candle...
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