NikolaGr
Short

BTCUSD Divergence repeating itself ?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BITFINEX:BTCUSD            


The divergence is better visible on the 4h chart.

The chart speaks for itself but here is a bit more:
We had a strong push up and then 2 waves forming a flag-ish pattern similar to what happened before between 04.07. and 04.09. The price chart and the oscillators are indicating divergence being formed so I would be careful with my positions.
If it drops down again I would expect the closest support to be between the 7500 and 7100 area, however this is not a price prediction but more of a wave analysis. If the divergence is proven wrong I would expect a continued bullrun.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out