def_init_

ETH (bearish divergence 1H!!)

GEMINI:ETHUSD   Ethereum
I've spotted a divergence on the 1 Hour chart with my indicator. I don't know if it's a good signal, but it looks as though the momentum is slowing. As you can see, while the price makes a higher high, the momentum indicator makes a lower high. This is usually a leading indicator that the momentum is slowing, but maybe it is overshadowed by a larger move on the 4H or 1D periods. Just thought I'd leave this for you guys to think about, but we'll have to see how it plays out. Good luck traders!
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.