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FiatDropout
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RVN/BTC - HIDDEN BEARISH DIVERGENCE بيع

Ravencoin / BitcoinBinance

الوصف

As much as it looks like a clear uptrend, RSI is moving down against price moving up for RVNBTC.

IT'S CALLED BEARISH HIDDEN DIVERGENCE - COMMONLY KNOWN AS BULL TRAP. MOVING DOWN TO LOWER TF WILL PRINT A BETTER PICTURE OF THE CURRENT SCENARIO.

I do not want to do over analysis on this and tried to keep it simple and on point.

I also see this small uptrend as an "B" Wave of the correction wave. Previously completed ABC correction wave to me is sub wave of A wave.

Will update this at next important turning point. For now, its a bull trap for me.

تعليق

short complete
التعليقات
adam_evangelos
your lines are wrong
FiatDropout
المزيد