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Bearish Divergence on Indonesia Population Data: A Brief Opinion
IDPOP
, 12M
IDPOP: Bearish Divergence on Indonesia Population Data: A Brief Opinion

A bearish divergence was detected on Indonesia's population chart using MACD and RSI indicators. Typically used in financial markets to predict trend reversals, applying these tools to population data may not be relevant. Bearish divergence happens when data shows higher highs, but indicators show lower highs, hinting at weakening momentum. While this could...

Analysis of BTC/USD Movement on December 27, 2024
BTCUSD
, 240
Short
BTCUSD: Analysis of BTC/USD Movement on December 27, 2024

On the 4-hour BTC/USD chart, a Bullish Wick pattern is observed, followed by a price decline towards the support area. Currently, Bitcoin is moving in a downtrend with significant selling pressure. Be cautious of a potential breakdown below this support level. It is advisable to wait for further confirmation before making any buy or sell decisions.

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