ShadowJunglist

ShadowJunglist Updated 

Hi, I'm just starting to understand technical analysis so note that I'm just an enthusiast. What do you think about this bearish divergence? (pink lines) Price makes higer highs while the oscilator (macd) shows volume going down. I interpret this as an bearish divergence. (let me know if I'm wrong please) I know evryone wants to go to the moon but I think...

ShadowJunglist

Nobody talks about it but look at this lower shadow on nov 22. It seems to ONLY show on EUR/BTC chart. I don't know how that's possible but it shows that the price did go as low as 13200 EURO for a brief moment. So I think the price might still go lower because of that. That shadow doesn't look very nice.. Cheers!