BTC DOMINANCE BEARISH DIVERGENCE
As discussed previously, my bias is that BTC Dominance is topping out.
You can see we have reached higher highs on the chart but the RSI and Stoch RSI are at lower highs.
This shows we are losing strength and is signalling a downtrend soon
You can see we have reached higher highs on the chart but the RSI and Stoch RSI are at lower highs.
This shows we are losing strength and is signalling a downtrend soon
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.