BCHUSD

Findings: Bearish Divergence

Price shows strength but RSI disagrees and indicates what price can't tell about this move.

If PRICE and RSI disagrees there is a huge probability this bullish candle stick might followed up by a rejected candle stick.

Once successful .. this is what we called PRICE and RSI Divergence.

Still bullish with this once since BCHUSD is still on a accelerating phase, this is just a mere speculation, anything can happen in the market.

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Supply and DemandSupport and ResistanceTrend Analysis

Penafian