APE RSI DIVERGENCE SPOTTED
APE / TetherUS BINANCE:APEUSDT
You can see that in the 4H chart, RSI Divergence has been spotted denoted by the circled region in the price and in the RSI .
The Local Lows, have gone up in the two circles in the price chart, and there the corresponding RSI has gone down.
This is generally a strong bullish signal.
It’s a very simple indicator move, I’m still learning but do have some confidence so I’m going to get in this trade personally, but it is not a financial advice. Just a personal view.
I believe that this would indicated testing of the previous high of around 15$ and if bullish new Local high of 19$ (1.618 Fib).
