BTC weekly discrepancy
Updated
Coming down here doesn't make sense with how everything that happen in this entire structure Da past prevails ! . Well.. unless we flip down hard breaking clear levels we will see it.
Note
As of right now that specific weekly stoch RSI is rounding out implying price trending higher not down If we do dump you will see us break that channel down clear as dayAll the arrows show a specific point in price and time where we flipped also notice the bearish divergence that played out in the past. You could even make a case that this entire stoch channel is bearish divergence now if that plays out or not is still the question
Also from my personal experience when price stays sideways at extreme levels on thy Stochastic RSI and we start to round out or curve we tend to pump or dump in price . Look at the bottom of this chart 16k look specifically at the bottom second arrow^^ that is a perfect example
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