No one is talking about the RSI making a lower low and BTC is Making a higher low. Worlds burning, cash is burning. time to pump BTC. Let the War Games begin
RSI making a lower low is actually bearish isn’t it? It’s a bearish divergence.
KidCrypto514
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@miguelsique, When the RSI and the candles make a lower lower it would be bearish. but the candles made a lower high and RSI made a new low, this is bullish. The same goes if the candles made a higher high and the RSI did not, then that would be bearish
@KidCrypto514 because from what I’ve been seeing is price reacts after the rsi so when rsi makes new low usually price follows. But let’s see. I still see a 1.3-1.5 trillion market cap before any sort of reversal. 1.6 has been a strong buy area tho so you may be right.
KidCrypto514
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@miguelsique, something im working on. from here it should be a bounce 2.3T and come rerest 1.3T later in the year
miguelsique
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@KidCrypto514 woaah but wouldn’t that make a massive head and shoulders.? 😅 Scary. But Looking at the longer time frame the market is technically still doing higher lows.
KidCrypto514
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@miguelsique didn’t think about the HS. I like sticking to the longer time frames. Good for swing trading