Quick update to last chart. Bearish divergence.
Just a quick update here. Bitcoin 1HR is showing a bearish divergence on the RSI. This could mean we will consolidate in the 48200-47700 area before going higher OR if that support area around 48000 breaks down we could be in for a serious reversal. Tread lightly friends.
Disclaimer
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.