3D chart shows a Bullush exaggerated Divergence on RSI indicator.
Bullish Exaggerated Divergence happen when:
1- Price: Forms a double bottom (two equal lows).
2- RSI: The second low is higher than the first.
- Implication: Momentum is picking up despite flat price, hinting at a possible upward reversal.
It's called exaggerated because price looks stable (same lows), but RSI reveals a hidden shift in momentum.
There’s also a breakout from a falling wedge pattern and a perfect break above the 50 EMA with a massive green candle.
We are now at the beginning of Bitcoin’s true bullish rally.
Best regards Ceciliones🎯
Bullish Exaggerated Divergence happen when:
1- Price: Forms a double bottom (two equal lows).
2- RSI: The second low is higher than the first.
- Implication: Momentum is picking up despite flat price, hinting at a possible upward reversal.
It's called exaggerated because price looks stable (same lows), but RSI reveals a hidden shift in momentum.
There’s also a breakout from a falling wedge pattern and a perfect break above the 50 EMA with a massive green candle.
We are now at the beginning of Bitcoin’s true bullish rally.
Best regards Ceciliones🎯
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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.
🔻 free crypto signals🔻
t.me/itradeoncrypto
🎯 paid signals!🎯
t.me/Cecilion1
t.me/itradeoncrypto
🎯 paid signals!🎯
t.me/Cecilion1
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.