buyitall
Long

BTC showing OBV Divergence. 2014 Chart for comparison

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is showing OBV divergence as it did in 2014. It has been forming lower lows in price and higher lows on the OBV indicator.
Could be a nice move up coming if it plays out the same as it did back then. OBV can be used to identify accumulation. Usually whenever I've seen this sort of divergence it almost always plays out to the upside. No targets in this chart.
Trade active: Looking good so far. Shoutout to the haters. Have fun longing the top when I got it in 6150.
#btc

Comments

buyitall Crypto_Mercy
@Crypto_Mercy, what?
Reply
2014 chart was just for comparison. Not guaranteed to follow the same path obviously
Reply
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