BTC, MACD and RSI show bearish divergence with price!
Updated
Bitcoin more than likely goes for a correction!
Both MACD and RSI show bearish divergence with price. Price is between two important resistance levels corresponding to 0.5 and 0.618 Retracements. Volume is also continuously decreasing.
These bearish warnings are important. It is wise to take them into consideration.
Check out related ideas for more details about general trend and final destination of BTC. Links are provided below.
Good luck my friends.
Both MACD and RSI show bearish divergence with price. Price is between two important resistance levels corresponding to 0.5 and 0.618 Retracements. Volume is also continuously decreasing.
These bearish warnings are important. It is wise to take them into consideration.
Check out related ideas for more details about general trend and final destination of BTC. Links are provided below.
Good luck my friends.
Note
Divergence is always worth to be considered !
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