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debis1254
Sep 8, 2020 12:20 PM

Bullish Divergence for BTCUSD 

Bitcoin / U.S. dollarBitstamp

Description

There is a bullish RSI divergence one the 1 hour trading frame as the price of BTC bounces around 9900 and 10400. I'm still new to this, but it seems that this large drop in price is temporary. Would love any advice.

Comment

There is also very strong support at 9800, as it has been hit and bounced off 4 times on the hourly chart.
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