When: Before March 12
Buy : YES
Trade at your own risks
The bottom wasn't a real bottom..
The divergence will materialize but not on a huge crash like we are living now and when the bottom is a fake one.. :(
But !!!! There were previous divergences that signaled this could actually happen too.. There are everywhere on all stocks right now including crypto...
It's never 100% sure unfortunately
Fundamentals beats TA ... :(
This my friend, is a hidden bullish divergence. That means there is a divergence shown between the price and indicators.. Why is it important, because everything is a equilibrium, and the price strengh is also reflected by their moving average. When there is a unbalance between them, the price readjust. is it over sold ? Over bought? where are we going from there.
If you are just interested in critics, you are more than welcome to not follow me. I am not sayign my divergence are a sure play, but they do work most of the time for me.. Just saying...
Right now, this divergence shows with 3 different indicators (MACD, RSI, Stoch with a great signal on the stoch on a 4h candle timeframe) ... of this is a real bottom here, you can be confident it will materialized...
Please understand. I will simply show my finding, I won't teach or anything like that, I dont have the time. Follow me or don't but I don't do all my math on my graph, I have a day job..