CobraVanguard

BTC/USD {Hidden Divergence}

FOREXCOM:BTCUSD   Bitcoin
Greetings!
Bitcoin / U.S. Dollar


If the midline of the parallel channel is not broken, the price will initially rise to 16,000 and around 16,600
If lines 16100 and 16600 are broken, the price will go up to 17,000 or more

From a technical point of view, this hidden Bearish divergence indicates a price correction. But I do not know if bitcoin works according to the oscillator or not

If the midline of the parallel channel breaks {15400} the price goes down to lines 15100 to 14900 .
Line 14900 is a weekly and monthly support that is very important.

chart is speaking it self!!
Resistance level : 16000 to 16600
Support level : 15100 to 14900

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast

Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck.
Trade closed: target reached
Comment:
16100 was touched
Comment:
Next target 16600
Trade closed: target reached

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