XBT - BTC : Hidden Bullish Divergence + Cup & Handle 6 Hour Long
Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅ BITMEX:XBTUSD COINBASE:BTCUSD
So far the cup and handle is forming correctly. Let's look at a Hidden Divergence explanation shall we.
Hidden Bullish Divergence
Price: Higher Low
Oscillator : Lower Low
"Indicates underlying strength. Good entry or re-entry. Occurs during retracements in an uptrend. Nice to see during price retest of previous lows."