OBV is used to find convergence and divergence. On the daily chart we see price testing a higher low and OBV making a lower low. This to me indicates bearish divergence if I'm interpreting it correctly. However, this looks really bad for Ethereum (and likely crypto as a whole). Any thoughts on how to interpret this would be appreciated.
Kommentera:
Also, this is not intended as financial advice.
Kommentera:
I'm also not sure if this would instead be considered hidden bullish divergence. If I think back, if price is in an uptrend (as is the case) the tops should be measured for convergence/divergence. For hidden divergence, you would measure the bottoms.