DatCryptoBoi

BTCUSD: 4-hr RSI bear divergence

DatCryptoBoi Updated   
BITFINEX:BTCUSD   Bitcoin
Bear div usually signals sell. I am taking profit on longs here.
Comment:
bear div is back, slightly stronger this time. Possible path for BTC is to carve out an inverse head & shoulders. Right shoulder to come.

Comment:
Always sell bear div on 4-hr

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.