BCH / USD charts also show a significant
bearish divergence as bitcoin cash has lost roughly $ 50 in USD value per coin since yesterday.
Not exact matches
However, we are now seeing
bearish divergence in small - cap stocks,
as the Russell 2000 Index ($ RUT) has just broken below near - term technical support of its 20 - day exponential moving -LSB-...]
Bearish divergence, when price makes a new high but the RSI does not is taken
as a sell signal.
An example of
bearish divergence can unfold
as follows: A security rises in price to $ 48 and the RSI makes a high reading of 65.
I wouldn't normally use this moderate candlestick signal on its own, but I would take it in combination with other
bearish indicators, such
as bearish hidden
divergence.