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fran_sal
Feb 6, 2018 7:21 AM

BTCUSD Potential short term bullish divergence 

Bitcoin / TetherUSBinance

Description

Short term bullish divergence found on the 1hour chart? We might be expecting a short term bounce before hitting a resistance at 7,500 USD and then dropping down to the 5,000 to 4,800 USD levels.

However, I'm waiting for a bullish candle to form before I enter trade.

Trade with caution.

Comment

Entered at 6,400 USD (breakout from my trend line)
Exited at 6,850 USD before the 6960 USD peak.

Trade closed: target reached

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