Are we currently at a local top for BTC
Currently this indicator is suggesting a local high for bitcoin as such divergences were displayed Around the TOP and BOTTOM of the previous cycle.
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friscotrader As you can no longer post links in comments. Ill post it here. As a good observation. However, it seems as in the prior example this indicator demonstrates divergences that the RSI does not pick up Nota
Also what is interesting the last time the RSI did not display divergence it was a similar price action to the recent price action just inverted.Nota
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Either the rest of the crypto market is about to explode or BTC is going to drop and faster then the rest.
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Well is certainly closing the gaps, but i back the decline with a 100% cash reserve sideline.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.