Today’s Trick: Spotting Trend Reversals with RSI Divergence 🔄📊

Want to catch market reversals before they happen? Here's a simple but powerful trick—RSI Divergence.

How It Works:

Bullish Divergence: When the price forms a lower low, but the RSI (Relative Strength Index) forms a higher low, it’s a sign that momentum is shifting upward. This could mean a trend reversal from a downtrend to an uptrend. 📈

Bearish Divergence: When the price forms a higher high, but the RSI forms a lower high, it signals a potential downtrend reversal. 📉

How to Use It:

Watch for divergence near support or resistance levels for extra confirmation.
Combine with candlestick patterns or moving averages to strengthen the signal.

Catch the shift before the crowd and ride the wave! 🌊

#CryptoTrading #RSIDivergence #TrendReversal #CryptoTips #TradingStrategy
$BTC $XRP

Short Entry Opportunity as RSI Divergences Signal Weakness Near $70K

#RSIDivergence #RSI #CryptoMarketMoves #Write2Earn! #BinanceSquareFamily

Bitcoin (BTC) recently encountered resistance near the **$70,000** liquidity zone, with price rejection suggesting potential weakness. Traders are observing **two RSI divergences** forming at the last high, signaling bearish momentum may be building.

This setup presents a possible **short entry opportunity**, with a tight stop-loss placed above the recent highs to manage risk. A favorable **1:3 risk/reward ratio** can be targeted, offering solid returns if the price reverses further down from this resistance zone.

Conclusion & Advice :
The combination of RSI divergences and rejection at the **$70K** level provides a potential shorting opportunity for traders. Ensure to keep a **tight stop-loss** and watch for confirmation in price action before entering. Be mindful of volatility and adjust the trade based on market conditions, as crypto markets can move quickly.
Patience and risk management are key to capitalizing on this setup.

🔔🔔!! NEW signal: SUI/USDT 🔔🔔
Leverage: 15x
Direction: SHORT📉
Entry: 2.21-2.20
DCA around: 2.25
Stop: 2.3
TP1: 2.17(25%)
TP2: 2.12 (25%)
TP3: 2.07 (25%)
TP4: 2.01 (25%)
SUI is currently facing the weekly channel resistance for the third time. A bearish divergence has formed on the daily RSI, and it's in the overbought zone, approaching a potential double-top area. A retest of the $1.90 level would provide a healthier setup for a continuation of the bull run

#RSIDivergence #SUI #CorrectionWaves

#Beginnersguide

Can you explain RSI divergence in more detail?👀👇🔴👀

RSI divergence is a cool strategy in trading. It involves looking for differences between the RSI indicator and price movements.

For example, if the price is making higher highs but the RSI is making lower highs, it could signal a potential trend reversal.

This discrepancy can help traders anticipate changes in the market direction.

Keeping an eye out for these divergences can give you a heads-up on possible trading opportunities! 📈🔍 #RSIDivergence #TradingStrategies

$NEIRO based on what happen yesterday no one can predict what this wild coin can do now it's comming back after a huge drop just wait and be ready to ride it can explode at any second #candlestick_patterns #RSIDivergence #Write2Earn! #writetowin #ScalpingTips