10/27, BTC, 4hr
- Looking at it todays price action from a 4hr perspective tells a slightly different story.
-10/23 printed a bearish divergence, the move was met with low volume and may even be played out now that ocsilators are turning back up
-RSI seems to be resisting off the bottom of the bullish control zone, but it looks like it wants to maintain it.
-Volatility has already begun to revert and turn back upwards.
- Looking at it todays price action from a 4hr perspective tells a slightly different story.
-10/23 printed a bearish divergence, the move was met with low volume and may even be played out now that ocsilators are turning back up
-RSI seems to be resisting off the bottom of the bullish control zone, but it looks like it wants to maintain it.
-Volatility has already begun to revert and turn back upwards.