You know yesterday $LIGHT was up high and had a huge funding fee, today it happened to $RIVER , exactly the same and it is likely that $river will plummet like $light.
Don't enter, don't go long, don't go short, because this market is manipulative. It will drain your balance, whether you're long or short. Stay alert and careful.
I entered short because I believed the price of $RIVER would fall. I only used a small margin, with stop-loss and take-loss orders already set.
Don't touch $LIGHT . It's full of manipulation. Look at the huge trading fees. You'll be drained from there, and your funds will be sucked dry if you're short due to the trading fees. If you're long, you'll suffer from volatility or even sharp price drops. Don't touch it!
ORDI / USDT : Short term setup $ORDI is trading near a key demand zone with potential for upside. Target remains near $4.52 as long as structure holds. Patience and confirmation are key.
A Bullish Divergence on the RSI is a key technical signal where an asset's price makes lower lows, but the Relative Strength Index (RSI) indicator makes higher lows, indicating weakening downward momentum and a potential reversal to an uptrend, signaling a buying opportunity as selling pressure fades.
How It Looks (The Pattern)
Price Action: The stock or asset drops to a new low (lower low).
RSI Action: Simultaneously, the RSI indicator, which measures price momentum, fails to make a new low and instead forms a higher low (higher low).
What It Means
Weakening Sellers: Even though the price is falling, the RSI shows that the force (momentum) behind the decline is diminishing.
Potential Reversal: This disagreement between price and momentum suggests sellers are losing control, hinting at a possible shift from a downtrend to an uptrend.
How Traders Use It
Early Entry: Traders look for bullish divergence to spot potential reversals before they become obvious in price, allowing for earlier entry into long (buy) positions.
Confirmation: It's often used with other signals, like price breaking a resistance level or a bullish candlestick pattern (like a hammer), for stronger confirmation.
Exit Strategy: A bullish divergence can signal the end of a downtrend, helping traders decide when to exit short positions or enter long ones.
Example Scenario Imagine a stock hits $10 (low), then bounces to $12, and falls again to $9 (a lower low). If the RSI made a low at 20 when the price was $10, but made a higher low at 25 when the price hit $9, that's a bullish divergence signaling a potential price rise.
Silver is rising rapidly alongside gold. Can Bitcoin be bullish in January 2026? And can silver coin, or what we can call $LTC , be as bullish as silver and achieve an all-time high? $BTC $LTC #BTCVSGOLD