mdyassink

BTCUSD Bullish Divergence On 4hrly Chart

Long
mdyassink Updated   
BITSTAMP:BTCUSD   Bitcoin
Bullish Divergence pattern forming on the 4hrly chart invalidated if price goes below around 6750.

For CME high and low price on Thursday check it out here:


Try not to trade on weekends because its usually when volume is low and the manipulators have easier control of price movements.

Also wanted to share that ETHUSD is forming a possible bull flag pattern on the daily chart . Possible breakout trade on Monday onward if within that time resistance has turned to support with confirmation candle(s).


Just sharing an observation. Trade only what you can afford to lose as nothing is 100% in life, ever.
Comment:
The RSI line should be longer according to the chart low in price.

Comment:
So far BTCUSD did bounce just above 6750 which means the hidden bullish divergence is still valid with this bounce.


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