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Daily RSI/MACD bearish divergences and potential bearish pattern
Since July 30
Daily RSI
* Forms multiple bearish divergences
* Hasn't gone down below 60%
* IMO there's a 30% chance a third, three leg down pattern might unfold in the next two days.
MACD
* Hidden bearish formed in signal line (July 31, August 9, August 14)
* LL July 30 and August 9 (buy side)
* Micro Bearish divergence (sell side)
We might or might not reach 50k this week, but if RSI breaks down and MACD signal line starts to cross downwards... 40-35k
**please expand indicators planel
Daily RSI
* Forms multiple bearish divergences
* Hasn't gone down below 60%
* IMO there's a 30% chance a third, three leg down pattern might unfold in the next two days.
MACD
* Hidden bearish formed in signal line (July 31, August 9, August 14)
* LL July 30 and August 9 (buy side)
* Micro Bearish divergence (sell side)
We might or might not reach 50k this week, but if RSI breaks down and MACD signal line starts to cross downwards... 40-35k
**please expand indicators planel
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