As you know about the RSI trendline, I'm still looking for to see another reaction to this trendline. As far as RSI is above the trendline and price stays above $60k area, the trend is still bullish.
We had a bearish divergence in both RSI and OBV, and I believe this is a short-term correction. It's still too soon to talk about trend reversal.
We had a bearish divergence in both RSI and OBV, and I believe this is a short-term correction. It's still too soon to talk about trend reversal.
Mr. CryptoTracker
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Mr. CryptoTracker
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.