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UnknownUnicorn1178563

BTC bullish divergence- short term bounce incoming

Long
Bitcoin (COINBASE:BTCUSD)  
UnknownUnicorn1178563 Updated   
COINBASE:BTCUSD   Bitcoin
Technical Indicators
5
3
indicator
4H Stoch RSI, Klinger oscillator and the CCI are showing Bullish divergence. We can expect price to bounce off the 3450 levels into 3800-3900 if the volume is strong - wait for confirmation from green candles.
Comment:
A weak bounce to 3550 happened followed by strong selling, next check at 3200
Comment:
The move has extended way beyond expectations but the divergence remains. It depends on the volume now, if we can see a single 4H green candle we can bounce as planned before.
Comment:
Finally a bounce and what a bounce!!!

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