Surrealist1337

Hidden Bearish Divergence

Surrealist1337 Actualizado   
BITFINEX:ETHUSD   Ethereum
The RSI appears to be showing hidden bearish divergence on the hourly time-frame in comparison to the price with Lower Highs on the price (LH) and Higher Lows on the RSI (HL), which is a bearish continuation pattern. For MACD to match RSI and further confirm the divergence, I suspect we'll see one more push to the mid 20's and then a drop to either 195 or 175.

This is not investment advice. This is for educational purposes and my own edification.
Comentarios:
Went a little higher than I thought it would but seems to be forming a shooting star candlestick. The hour is young though.
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