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UnknownUnicorn1178563
Sep 14, 2017 1:20 PM

BTC bullish divergence- short term bounce incoming Long

Bitcoin / United States DollarCoinbase

Description

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!!!
Comments
mozartc
You say now a second jump down, right?
UnknownUnicorn1178563
@mozartc, Yeah we are going down from 3800 true.
UnknownUnicorn1178563
@mozartc, Will either bounce from 3400 now or straight from 2700. Two possibilities.
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