Bitcoin - hoping to break grey area!!!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin currently trades within a grey area on the H1, but a bearish price move can be expected after the appearance of a divergence signal.

If it manages to break and hold support marked in green, short positions can be considered where support marked in red can be used as a TP area.

Good luck and happy trading!!!

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.