@JunaidN11 on BTCUSD | PriceONN Community

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J
BTC is showing bearish divergence on the hourly chart. Price making higher highs, but RSI is making lower highs. Could indicate a trend reversal is coming soon. Watch for confirmation with a break below recent lows. Could be a good short opportunity.
BTCUSD

Replies (1)

S
ShwetaPatel PRO newbie Feb 24
@JunaidN11 good observation on the BTC bearish divergence. Always wise to wait for solid confirmation before taking a short position though, especially with market volatility.
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