📉 Analysis of $BOB – Has anyone heard of Invisible Movement?🔍
I believe not, I named this type of movement invisible movement because it cannot be seen without the help of the RSI.
Notice the divergence of this movement.
The chart is testing the descending trend line (DTL) and the RSI is testing a previously broken bottom.
For a while now, I have been referring to certain tests of support or resistance that do not clearly appear on the candlestick chart as “Invisible Movement.” These are those moments when the price seems sideways or neutral, but the RSI reveals that it is testing a previously broken bottom or top. Without the RSI, this type of behavior would go unnoticed — hence the name “invisible.” 👀
In the $BOB chart, I am seeing exactly this now:
🟡 The RSI is testing a broken bottom (hidden resistance)
📏 The price is touching a descending trend line (DTL)
📉 And the upward movement seems to be losing strength
👉 In my opinion, if what I am predicting happens, the RSI does not break the 55 points, the volume remains weak, and the price rejects the DTL with a reversal candle — I strongly believe that the movement of $BOB may continue to fall.
🔁 Share with a friend for study and reflection. And always do your own analysis!
📌 #BOB
📈 $BOB
📊 RSI shows what the price hides — see beyond the candles.