nanopowered

BTCUSD 4H Bullish divergence

Long
BITSTAMP:BTCUSD   Bitcoin
A bullish divergence on BTCUSD 4H is visible on RSI and MFL indicators. This is not enough to take a long position by itself but increases the chance of a rally and should discourage you from taking a short position.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.