LEVER is showing a bullish divergence on the hourly chart.
LEVER is one of the lower price cryptos that I like to trade on a regular basis.
It's now showing a strong bullish divergence on the hourly chart. When this divergence corrects, it could be the backing LEVER needs to punch up through the upper trend line of the wedge pattern that is nearly at its end. I'll be trading it to the upside.
Good luck, and always use a stop.
It's now showing a strong bullish divergence on the hourly chart. When this divergence corrects, it could be the backing LEVER needs to punch up through the upper trend line of the wedge pattern that is nearly at its end. I'll be trading it to the upside.
Good luck, and always use a stop.
Comment:
Here is a zoomed out view to give you a better overall perspective of the current charts.
Comment:
The bearish divergence paid off nicely. Lever broke out of the wedge pattern just 3 days after I posted this chart.