DikotoMandengue

Bitcoin LONG - Bullish Divergence on 4H (Bart Simpson)

Long
BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC/USD BUY,

Talking points,

Technicals:
After the dump last week BTC is getting some momentum. We have bullish divergence wich means that bears are getting weaker, for me a strong indicator for a long on BTC .
Bart simpson pattern likely to occur.

Fundamentals:
Some Dollar weakness because of Thanksgiving US Holiday (Thursday & Friday), There is no big BTC fundamental that could trigger a bullish BTC .

Sentimental:
Lot's of traders are waiting for the big bitcoin move, very little people expected the dump of last week. Im expecting a smal correction upwards this week.
Order cancelled: BTC gives us no signs for a BUY

Comments

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