This hidden bearish divergence is valid only if we don't make a higher high on a price (2.09 is a resistance). If we stay below 2.09 down go EOS
We can also see a regular bearish divergence on a lower time frames.
On the weekly you can see a massiv bullish divergence on the OBV for Bitcoin building up. This is a regular bulish divergence where the dumps become less and less powerful. I wouldnt base a trade solely on this divergence, but it tells, that a reversal is getting closer. Maybe not the next or the one after. But getting closer.
GoPro has been diving into the depths of the chart, doing price discovery and trying to find a bottom; but we can see the market has been buying these dips, as illustrated by the MACD and RSI bullish divs.
Taking the long trade here is really good in terms Risk/Reward but gambly in the sense that there's no bottom put in just yet.