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Bitcoin / Tether USD
Short

Bitcoin - Bearish Divergence

By Lazy-cat
I don't think the last night surge of BTC will confirm a trend continuation. Instead, a bearish divergence occured when the price line does not agree with RSI and CCI (commodity channel index). It happended in late Jun 2017 followed by a drop from 3000 to 2000$. This time, the signal is even stronger. Let see in next few days if BTC will reverse or not. I also see a buy signal of BCH - does it make sense ?
Bearish PatternsBTCUSDTTechnical Indicatorsrsi_overboughtTrend Analysis
Lazy-cat

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