Makubekz

Makubekz

What you are seeing is a hidden bullish divergence on the daily. Price makes higher low while rsi makes lower low. As long as price dont make a daily close below 7600 then market is still bullish.

Makubekz

If you take a look at the bigger picture you will see that 21weekly EMA has been supporting the bulls since 2012. Im expecting a hidden bullish divergence on the weekly. Price higher low, RSI lower low.

Makubekz

4H TF shows a hidden bullish divergence. Price makes higher low while RSI makes lower low. As long as 4H candle wont close below 10,650 then bulls are still in control.

Makubekz

4HR Timeframe shows a double bearish divergence so a pullback is coming. Also watch for the lows for a possible hidden bullish divergence.

Makubekz

Just want to share my observation. In 2015 bear market both Weekly 50MA and 92EMA were the last barrier for the bulls. In July 2015 they tried and got rejected and right now btc is in the same scenario. If it gets rejected then we will have another opportunity to buy it cheaper before it tries again to break it. For the bulls we have the 50 and 200MA on the daily...

Makubekz

BTC is in a bullish consolidation pattern with a hidden bullish divergence on the daily RSI.

Makubekz

Hi guys im new here and just want to share whats on my mind. In July 2015 BTC hit the 50MA on the weekly and it was not able to close above. What happened next was the final dip before it tried again and was able to close above which started the bull market. Also take a look the RSI it's similar. I think we're gonna hit 5800-6000 and will be rejected and the final...