Near-Term Bearish Divergence
We are still well within the bullish price channel, so there is no need to worry yet. And the rally is still at full strength. But that naturally puts it in overbought territory.
There is a slight bearish divergence on the smaller timeframes.
The last minor divergence gave us a very small correction that lasted no longer than a day. Will we see another correction? Will it be a good dip buy opportunity?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more