BTC USD - Forming Bullish Penant - Hidden Bullish Divergence

BTCUSD 4hrs Bitstamp showing hidden bullish divergence with formation of bullish Penant. After testing blue support lines it can move upwards

Transaction en cours:

Price is still testing the blue support line.
Bullish spining top right on the support line indicates indecision amongst marketers.
It can go lower and touch the bottom of pendant before moving up again.

Transaction en cours:

Nice breakout from the triangle with a decent volume. A minor resistance area at 2280$

Transaction en cours:

Facing some resistance at 2312, price still hasn't broken upward trend. If it breaks the trend line and dips more. Time to close the trade and look for another set up.

Ordre annulé