So, since I started learning to read the RSI and volume indicators, and applied my training to my trading strategy, I’ve discovered I make very intuitive trades. But I just follow the rules, and money gets made.
However, I noticed a pattern back in 2017, and I never fully addressed it. And I am the biggest hypocrite and here’s why:
You can see the exponential price growth, meanwhile, both volume and RSI are showing lower highs.
This is the most powerful form of reversal divergence and we are 3 touches in. Which is setting off my internal alarm loud enough to penetrate the hopium.
The goal of this publication is to not discourage crypto but perhaps shift the focus on the bigger picture.
Congratulations! If you are reading this, you are most likely in profit.
From here: 60% gains = 100k = possible 90% correction = $5777 = possible