Hello followers!
Today, 11/18/2024, analyzing the hourly chart of $BTC , we observed some important divergences between the price and some indicators.
MACD indicator: this indicator formed descending peaks during the period, while the price sought higher peaks.
Accumulation and Distribution indicator: this indicator also showed descending peaks contrary to the price. In addition, we also see the projection of descending bottoms once again in disagreement with the price.
Conclusion: These signals may be an indication that the price may test lower regions of the charts and that it does not have enough consistency to open an upward movement.
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