deactivatedaccount123

The latest Hidden Bullish Divergence

Long
BITFINEX:BTCUSD   Bitcoin
Come one come all, get your Bitcoin for a low low psychological resistance of $9,850!
Sikeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee.
Anything below $10k is a range. Yes, we broke out, but it
doesn't mean jack crap all if it's not gonna keep going.

People, for DAYS I have been calling Hidden Bullish Divergence
pretty much everywhere. Go ahead, check my previous charts.
I'll wait.
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Yeah, so anyway. Above we have a gorgeous chart of recent price action.
Notice the price action going up, while the RSI goes down? This is basically
indicating that the bulls are having to exhaust way less momentum, as time
goes on. If you pay close attention to what the 15M, hourly, Bi-hourly,
4HR, 6HR, 12HR, and daily are painting in the RSI...
You have the strongest buy signal even possible given current circumstances.
Again, search my latest ideas.

I'll wa...

Yeah. You get the idea.
Ever wonder why I consistently hit front page?
I'm just some amateur that did his research. Will you?
This isn't trading advice. This is a warning for those that do their homework.

Good luck and happy trading!
Comment:
P E R M A N E N T L Y

as in

PERMANENTLY

HODL.

If you're a good normal person and you're reading this, never, ever sell. Ever.
Comment:
There once was a bear who now turned bull,
He saw the hidden divergence and said oh hell no!
With his tail between his legs, he walked away,
Renewed with spirit, he tried to say...

But dad, the bears, they are too strong!
Little did he know, his dad went long.
Oh but a trick, he played on the little one,
He smiled with a grin, while bear-son went numb.

There are many lessons learned in this mini bear song,
Especially why his dad went long, little bear-son
Was starting to feel a little dumb
Little bear son saw the bulls painting charts,
Then and only then realized where he went wrong.
Comment:
By the way. While I have your attention-

coinmarketcap.com/historical/20170101/

We never tested that once. What do you think will happen when we get rejected at $11k-12k?
Comment:
a breakout with momentum past $10k is a buy. If the RSI follows price action in bull, it means there should be a continuation of trend. Same goes for bear. However, say the RSI is going way up but the lows are getting lower, that means a reversal of bullish momentum. Opposite for a reversal of bearish momentum. Since price action is going higher on the lows but the RSI is getting lower lows, this means the bulls are lying in wait. They want the bears to take it down to a nice buy opportunity and then BBAAMM. Outta nowhere the price spikes.

The price spiking, if it has momentum, is a buy signal. By momentum I mean a very high RSI, big divergence on the MACD, volume on the PVT indicator going far up, etc.
Comment:
The best support to buy is at around $9,700. Again, this is not financial advice, just some research painted on a chart. :)


MOMENTUM is needed in order for $10k to be a buy, but considering current price action, $9,700-$9,750 is a great buy.
Comment:
Going to bed folks. Will update this idea when I get above 30 likes.
Comment:
A surprise stream incoming today! Anyone who would like a link to that and/or my private telegram channel just PM me.
Comment:
CORRECTION. In order to maintain bullish momentum we technically can't go bear. If we do we will be completing what I believe to be a head and shoulders pattern. This being said, look for a breakout around the arrow. With solid volume, and high RSI, this is the best signal we may get all day.
Comment:
Newest idea has been posted!

Feel free to PM me for my telegram or twitch link.
Comment:
REMEMBER PEOPLE.
$10k+ with MOMENTUM is a buy
NO SOONER.
Comment:

If we break the above 2 resistances with high RSI and high volume, this is a buy opportunity. Possibly one of your last good chances.

Remember. We need A LOT of momentum. I believe getting above these 2 resistances should get what we need going.
Comment:
This is the most bizarre dump I have ever seen. However, if we reverse here, this is going to be even MORE hidden bullish divergence. I will update this tomorrow.
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