Bullish divergences on the 4hr and 1hr on multiple indicators and the RSI is very oversold on many time frames. The diagonal resistance (red line) has been strong since the downtrend started. Looking to go for a bounce here. Feedback and Criticisms are welcome.
To learn more about divergences:
www.babypips.com/lea...x/divergence-trading
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To learn more about divergences:
www.babypips.com/lea...x/divergence-trading
To go long or short on bitcoin with leverage:
1fox.com/?t=iw
Comment:
may close the trade at the daily kumo on ichimoku clouds (20,60,120,30) @ 8190-8200
Comment:
dependent upon price action at those levels
Trade closed manually:
closed long at 8150
Comment:
*8250 lol