BTCUSD - Bearish Divergence on the 4 hour Chart
Lots of bearish divergence showing up. Overall, I'm still bearish on BTCUSD, especially since the DXY is taking off.
The big picture is that we're still in a downtrend. Until price crosses and stays above that green trend line, I'll be bearish.
The big picture is that we're still in a downtrend. Until price crosses and stays above that green trend line, I'll be bearish.
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.