Hello traders As you can see, the price of Bitcoin is below the EMA200 in the 4-hour time frame. Please look at the divergence between price and volume. We can probably still expect the price of Bitcoin to fall. "Wishing Ukraine freedom and world peace"
Hello friends. In the BNB daily chart, there is a difference between the price and the RSI indicator, which is called divergence. This divergence is of a hidden nature and means that the process continues. This is not a sell signal, but keep in mind that divergences are very important issues in technical analysis and usually work better in larger timeframes, but...
Hello friends. Bitcoin recorded a higher low in the daily timeframe (February 4), which is unprecedented since November 9. In technical analysis, when this happens and the price can hit a higher low than the previous low(s), we should probably expect the price to hit a higher high than before, which may be the beginning of a reversal and move upwards. But as long...
Given the positive trend over the past few days, the risk of bitcoin falling remains strong. Note that trading volume has been declining these days. (See volume indicator) Be careful that this analysis is not a buy or sell signal, but a mere reminder of the price position. Note that above the current price, there are two resistances. A dynamic resistor and a...