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Monthly Bearish Divergences Showing Up On a 5 Wave Impulse Move
BTCUSD
, 1M
Short
BTCUSD: Monthly Bearish Divergences Showing Up On a 5 Wave Impulse Move

Just like the 5 wave impulse for 2021's top, we have now entered into a 5th wave on the monthly chart. The issue is that we also have a monthly bearish divergence present on the chart. 2021 also had a monthly bearish divergence present. The first one that we saw was in January. We got a 30% correction off of that one. Now we have another monthly bearish...

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