This phenomenon is known as bearish divergence, which often indicates that momentum is weakening despite the price climbing higher.
It can be an early sign of a potential price correction or reversal.
I have pointed out 3 times when this one played out perfectly
It can be an early sign of a potential price correction or reversal.
I have pointed out 3 times when this one played out perfectly
Trade active
In play, ber are in controlNote
-7% so far without leverage. Bounce on 90K on next target 80k?
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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.
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.