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wargolynch
Aug 28, 2019 12:49 PM

BTC/USD / Potential Bullish Reversal / 4h and 12h Long

(BTCUSD+BTCUSD+BTCUSD)/3Bitstamp

Description

The chart says it all

Fundamentals :
Baakt coming end of september
Potential ETF approvals
Halving next year
Fed officials saying positive things about BTC

Thanks

Order cancelled

Price strongly rejected by weekly pivot after a small uptrend trial
Waiting for new long entry signals

Trade active

Long again since 10k

Comment

Comments
PooyaSalehipour
Nice template
SavageCharts
My only issue is that your Hidden Bullish divergence is not present as we speak and the one your 'reffering' to was over a week ago on swing up from 9880.
wargolynch
@bitcoingoliath,
It is present
It only depends if you prefer to consider divergences only in extreme zones or just out of the neutral zones. I consider divergences out of the neutral zone (40-60) :)

The 12h divergence is still in play since we don't have any lower low on the price or the oscillators, but I totally understand if you prefer to play with the very high probabilities (= to consider it the moment it formed only)
wargolynch
@bitcoingoliath, I'm using Stochastic and RVI oscillators with 14 length, not StochRSI and RSI
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