bezman

BTC Bearish Divergence

BITMEX:XBT   Bitcoin
A lot of folks don't like to trade using RSI, but I have found it has been a great indicator for bearish and bullish divergence. In this case it caused BTC to drop out of the ascending triangle/wedge. Looks like a 20-30% pull back to ~$42,000 before consolidation until end of March maybe??

Toughts??

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