Hi,
As you can see, we can see a price increase, but I don`t think we can trust this uptrend at the moment.
Because despite the price increase, the volume is decreasing, and the trading volume does not support the price increase
In fact, we see a negative divergence between volume and price
On the other hand, Stoch RSI and Dynamic RSI is in the overbought area
As you can see, we can see a price increase, but I don`t think we can trust this uptrend at the moment.
Because despite the price increase, the volume is decreasing, and the trading volume does not support the price increase
In fact, we see a negative divergence between volume and price
On the other hand, Stoch RSI and Dynamic RSI is in the overbought area
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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.