» Charts » Bearish Divergence on BTC and ETH Charts
Traders should be cautious of the recent run up on Bitcoin with the king of crypto putting in a lower high compared to its little brother Ethereum.
This has created a bearish divergence signal across the two pairs highlighting that Bitcoin may be due for a bit of a correction.
The most recent run up to 64.5k on Bitcoin has rejected from the mid point of a monthly bearish order block and could be showing signs of a pullback.
Traders should be cautious of the recent run up on Bitcoin with the king of crypto putting in a lower high compared to its little brother Ethereum.
This has created a bearish divergence signal across the two pairs highlighting that Bitcoin may be due for a bit of a correction.
The most recent run up to 64.5k on Bitcoin has rejected from the mid point of a monthly bearish order block and could be showing signs of a pullback.