The correction we have patiently been waiting for seems to be on the way. As the 1H BTCUSD chart suggests, negative divergence lines are witnessed for R% and RSI oscillators with the upward trends broken. Both values are in the over-sold areas, so there is only one way to go.
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.