The rebound was a necessary measure of the market, as they came to an extreme level of overbought, this situation could be observed on intraday indices. A bearish divergence has formed, the downtrend continues.
- The market will go down in steps. I expect a more interesting rebound from the level of 0.5, after which I expect a reversal to form from the level of...
Checking out BTC's dominance i have found something very clear if you know what you are looking for and that is a hidden bearish divergence, and yes this pattern signals a continuation of trend, and we are very clearly still in a strong downtrend as shown by the multiple move path to the downside and aswell as the RSI being below the midline for months now. So by...
hey guys here iam seeing some bearish divergence in 4hrly time frame where our resistance also meet our price probably we can get rejection from here however market is bullish in volume base trade carefully.
