ETH/BTC bearish divergence
Ethereum / Bitcoin BINANCE:ETHBTC
Ethereum has been in an uptrend against btc in a parallel channel for almost 1 year now. However, within the channel we are seeing bearish divergence on the RSI , with the ratio producing higher highs and lows, but the RSI producing lower highs and lows. As crypto is in a bear market, we can expect ETH to begin losing ground to BTC which could take form in a dump to 0.045 BTC , which is around 990USD at 22k BTC .
