BTC - Bearish Hidden Divergence - 1D
A bearish hidden divergence (lower highs on the price and higher highs on RSI) on the daily (green lines) right at the 100 and 200 EMAs.
*Hidden divergence is a trend continuation pattern (bearish in this case) and is more powerful than a classic divergence.
*Hidden divergence is a trend continuation pattern (bearish in this case) and is more powerful than a classic divergence.
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.