RSI divergence indicating swing upward on 1h charts, expecting a move upward toward previous swing high, breaking over indicating bullish move pulling in bulls before a swing lower from resistance, upon which lower low will be created and 4h chart will begin diverging on price and RSI where support is found before a continuation upward to over 48,000
Note
1H time frame showing divergence indicating short move back up to previous high, 4 hr divergence overshadowing indicating continued move downward,
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.