BTCUSD - 1H - SCALPING/DIVERGENCE - LONG/SHORT for BITSTAMP:BTCUSD by The_MorningStar_Forex

chartpattern trendanalysis indicator btc usd crypto long short gold divergence consolidation

Analysis:
As per the attached Previous analysis below, Price hit our TP, after that BTCUSD has been in retracement mode.
Here we can expect the price to move upside for a while because 1H divergence has been developed.
Then it can start moving in a downward direction.

Happy trading.!

Best Regards,
The MorningStar Forex

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.