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Bitcoin - Divergence on Monthly
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Topic: Bitcoin - Divergence on Monthly (Read 54 times)
ImThour
(OP)
Copper Member
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Activity: 1442
Merit: 1522
Bitcoin Bottom was at $15.4k
Bitcoin - Divergence on Monthly
April 13, 2022, 03:39:07 AM
#1
Hey Everyone,
This is just a simple chart of the Bitcoin RSI Divergence on Monthly Timeframe.
You can see this divergence has played everytime, no matter if it was Bearish or Bullish.
Let me know what do you think about this.
Ararbermas
Sr. Member
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Activity: 1988
Merit: 283
Re: Bitcoin - Divergence on Monthly
April 13, 2022, 02:33:04 PM
#2
Yhup it's definitely a divergence, but surely there's a different situation if we were gonna look at the lower time frame such daily and weekly , and because you are basing on its monthly, for me IMO it will take too long before we can see a clear sign that bitcoin will going up and has potential to break the current resistance, and for me i have doubts there will be a consolidation first.
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