TradingView
koryu
Apr 8, 2018 10:29 AM

btc daily bull div Long

Bitcoin / U.S. dollarBitstamp

Description

Opened a long position on btcusd, daily bullish divergence. Volume is low and its not a strong divergence. Still worth a try, expecting a test of the blue trendline.

Comment

was scary for some time but now breaking out of the $7500 keylevel

Comment

Target reached.
We need to observe price action now and make a new chart.

Comment

The daily chart could draw a hidden bullish divergence on today's close.
This would mean that bulls are still alive accumulating this dip.
RSI has to hold above 53 for this scenario.

More