UnknownUnicorn1896036

BTCUSD RSI bullish divergency

BITFINEX:BTCUSD   Bitcoin
Guys, we are in a symmetrical triangle, we can break up or down any time soon.
Is RSI showing an hidden divergence?

Not market advice, just sharing my thoughts.
Comment:
In case we break up my targets would be:

1) 50 MA
2) 6800 usd
3) 7000/7200 usd
Comment:
Second target reached
Comment:
We should see more upside
Comment:
Maybe something like this
Comment:
Update
RSI at 30 mins is looking pretty bad, so if we break down we could see first stop at 6500 and if we break up first stop will be around 6900
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.