deadobe1

Bearish Divergence on RSI

COINBASE:SOLUSD   솔라나
RSI showing bearish divergence on the 4h chart, potentially indicating some significant pullback for the rest of the week. Adjusting my stop loss accordingly. This kind of divergence on the RSI is pretty rare and quite reliable. Furthermore, just looking at the daily chart tells me price is overextended and we're in for some significant pullback for the near-future, so I will be looking closely for long entry points this week.

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