mdyassink

BTCUSD Hidden Bullish Divergence on Daily Chart

Long
BITSTAMP:BTCUSD   Bitcoin
It would seem that we are already printing a hidden bullish divergence pattern on the daily time frame with a higher low on the price movement and a lower low on the RSI.

Wait for confirmation candle(s) that show signs of recovery, like a strong break into the 8300 price region.

Also not to forget one of the biggest gaps in the CME chart from around 9100 price point.

Just an observation. Trade only what you can afford to lose as nothing is 100%, ever. Good luck.


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