Bearish divergence with the MACD and RSI coupled with an ascending wedge. The data suggests a correction in the near future.
Note
Bitcoin is now 2 for 2 on the MACD bearish divergence with 3 lower highs. Might be a good idea to look out for it in the future.
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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.