Hidden Bearish Divergence in the 4 Hr Chart for BTC

8 במאי 2018

As seen in the chart, BTC is creating a hidden divergence on the 4 hour chart, seeing lower lows on the RSI and seeing an uptrend in price and creating lower highs in the RSI as well. This divergence could drive BTC to the first major support zone around 8800 and if that happens look for a bounce or a drop even lower to 82-8300 level.