TradingView
AliFrotanpour
May 31, 2018 1:42 PM

Short term fall followed by a long rally Long

COINBASE:BTCUSD60
Bitcoin / United States DollarCoinbase

Description

⋅
A bearish divergence is happened in 1 hr chart. Price can fall into 6900 support region. It is an opportunity for long position.

Comment

⋅
Price again decline 50-4hr-Moving average. Droped to the trend-line (in triangle pattern) . Any drop below ~7430 confirms further drop to 6900 region.
Technical IndicatorsTrend Analysis
More