eBlockChain

Bitcoin Hidden Bullish Divergence...

Long
INDEX:BTCUSD   Bitcoin
As marked with the arrows on the RSI chart, Bitcoin has formed a LL on the RSI while the price formed a HL at these points on the daily chart. That is a Hidden Bullish Divergence.

To those who shorted the market, I hope you closed your shorts early. To all the Bulls out there, enjoy the confirmation plotted here. It is a monthly candle close, so bring your popcorn and watch the volatility unfold.

Unless you figure a way to make money while you sleep, you’ll work till you die.
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.