BITCOIN RSI Price Divergence Signaling Top Is In

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·@exxodus·
0.000 HBD
BITCOIN RSI Price Divergence Signaling Top Is In
![Screen Shot 2018-04-17 at 10.06.52 AM.png](https://steemitimages.com/DQmRTyUcXau8CHpN7w7wfNxqoHTsNAJgJzUDTBNpKNgFpwj/Screen%20Shot%202018-04-17%20at%2010.06.52%20AM.png)

We've seen this time and time again. We see the prices making a higher high with the RSI making a lower high. This convergence signals a price peak (or at a minimum the price high being near). 

Stochastic RSI is rolling over as well as decreasing bull volume. Fortunately for volumes, all volume has been decreasing hinting at consolidation. 

Bitcoin support is still at $7,960, so a close below this level might signal trouble. 

<h1>Happy trading!</h1>
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