Have a quick look at the daily RSI for bitcoin... 
Compare 18-June to 9-November and we have a very strong, clear higher low.
When we look at BTCUSD it is clear we have a lower low and that's a strong divergence with the RSI for you.
Another signal that we've been looking at is volume.
We looked at volume on the Ether (ETHUSD), Dogecoin (DOGEUSDT) and Ethereum Classic (ETHUSD) charts.
First, notice how the green bars are bigger than the red bars in general.
Then notice how volume is going lower as prices drop.
The bears are losing momentum...
As the bears lose momentum the bearish trend stops and comes to an end.
We get a reversal/recovery and we see bitcoin move up next.
Thanks a lot for your support.
Remember to boost. 🚀
Namaste.
Compare 18-June to 9-November and we have a very strong, clear higher low.
When we look at BTCUSD it is clear we have a lower low and that's a strong divergence with the RSI for you.
Another signal that we've been looking at is volume.
We looked at volume on the Ether (ETHUSD), Dogecoin (DOGEUSDT) and Ethereum Classic (ETHUSD) charts.
First, notice how the green bars are bigger than the red bars in general.
Then notice how volume is going lower as prices drop.
The bears are losing momentum...
As the bears lose momentum the bearish trend stops and comes to an end.
We get a reversal/recovery and we see bitcoin move up next.
Thanks a lot for your support.
Remember to boost. 🚀
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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Disclaimer
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
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.