Bitcoin: 12HR Chart overview, Hidden BULLISH DIVERGENCE.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin 12HR chart is looking quite interesting:

-Hidden bull div on 3 separate indicators
-Possible downtrend channel
-Possible triangle forming

Watch for a close above 3714 as confirmation of end of this current downtrend.

If we break the downtrend or horizontal support then check my weekly overview for possible scenarios
Jan 14
Comment: Weekly overview with labels:

12HR overview with labels:

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Jan 14
Comment: Missing chart from above comment:
(weekly overview with labels)
Jan 14
Jan 21
Comment: The triangle pattern looking invalid now.
We are still sitting on a support of a descending channel, if BTC holds 3500 we could push up to the top of the channel, Bull div is there.

meanwhile a break under the support and we are looking towards 3k again.


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