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Rojke
Dec 9, 2018 4:29 PM

Big bullish divergence on the 4H RSI + Green volume spike  Long

Bitcoin / EuroKraken

Description

Although I thought that 2.7K was the bottom, it seems that we won't make it that far. We have a very nice bullish divergence on the 4H RSI, followed by a green volume spike.
Shorts are at an ATH, so a squeeze isn't unthinkable. We also broke out of the short term declining trend line. This could be a nice leg up...

Other thoughts? Feel free to shoot!

(NO financial advice.. TRADE SAFE!)
Comments
crypken
We are currently sitting on top of both your resistance lines, forming a bull flag. Hmm..
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