jamiecassels

Intraday Divergences... A New Hope? Interesting MACD Flagging

Long
jamiecassels Updated   
COINBASE:BTCUSD   Bitcoin
I wanted to share this intraday MACD. The MACD is currently below 0 so I can't say it's bullish but we have an interesting wedge with a bullish flag forming. There is also some intraday positive divergence. Should be worth watching the breakout as I'm sure Bitcoin will run whenever that is. If support breaks watch out below. GL
Comment:

Looks like we a breakout followed by a backtest. Looks bullish to me but I have a bullish bias so judge for yourself.

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