Hello, everyone!
Our yesterday scenario is going to play out. Bitcoin did the lower low as I said and now it’s time to show the local grow, which we can try to catch.
The RSI and MACD formed an extremely strong bullish divergence on the 1h timeframe. I am waiting for the first increasing column on the MACD histogram at the 1h candle close. This true divergence will cause the true divergence on the 4h – this is much stronger bullish signal.
Good luck!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Our yesterday scenario is going to play out. Bitcoin did the lower low as I said and now it’s time to show the local grow, which we can try to catch.
The RSI and MACD formed an extremely strong bullish divergence on the 1h timeframe. I am waiting for the first increasing column on the MACD histogram at the 1h candle close. This true divergence will cause the true divergence on the 4h – this is much stronger bullish signal.
Good luck!
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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