A lot of new people don't understand this, so I will try my best to explain it.
Many traders think every Bullish Divergence means the bottom is in. That's not true. In a strong Bear Market, a Bullish Divergence can simply lead to a temporary bounce before price rolls over and makes a new lower low.
A Hidden Bearish Divergence occurs when the price makes a lower high while the RSI makes a higher high.
A Hidden Bearish Divergence is nothing more than a Bull Trap and often becomes a continuation of the downtrend.
Trust me, NO ONE understands the RSI better than I do. Long-term followers already know this... 🥂
Hopefully, today's free lesson will educate people when Bitcoin makes a new low.
Watch and learn, my friends! 😉
This is Totally Nuts, Glad Trump exposed this. They want to spy on use 24/7. They can’t be inside your car if have an old one unless through your phone I guess. But they want to know all your secret or Private Conversations! Democrats Are Communists!
Our Government seems to be headed that way as well. Ai will make it much worse.