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abdulla_faraz
Jun 26, 2018 12:48 AM

BTC Hidden RSI Divergence Long

Bitcoin / U.S. dollarBitstamp

Description

We're seeing exhausted weaker bears over the last few days. RSI shows hidden slightly bullish divergence. We could see a retest of 6100 before making a lower higher then a higher high. No confirmation yet though. Wait for a higher low to form.

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RSI closed lower, and bears are still in charge. No reversal yet it seems.

Comment

Daily closed with an engulfing candle, and RSI breaks above. We may see the daily trend upwards for a the next few days.

Comment

Comments
nopporn76
Agreed. I have seen the same thing as well.
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