nummus

Bullish divergence on a short time offers hope of reversal

Long
KRAKEN:BTCUSD   Bitcoin
We have taken out a low. Now, tthere is a bullish divergence on a 1H time frame, which offers some hope of a bullish reversal. On a short time frame this means that the reversal can also be short term. Let's wait and see.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.