BTC Bullish trade on daily divergence
There is a big bullish divergence on a few time frames going all the way up to daily.
Yesterday candle is a kind of a reversal candle. It would have been way more convincing if it was a hammer and green.
That said we are oversold and due for a bounce. The Bitfinex shorts are near all time high at 42,000.
Buy on a break of the blue trend line or a break of the horizontal line on the RSI.
Stop at the lows of $3,200
Targets: $3,900, $4,100, $4400
Sell 1/3 of the position at each target.
Good Luck!!!
Yesterday candle is a kind of a reversal candle. It would have been way more convincing if it was a hammer and green.
That said we are oversold and due for a bounce. The Bitfinex shorts are near all time high at 42,000.
Buy on a break of the blue trend line or a break of the horizontal line on the RSI.
Stop at the lows of $3,200
Targets: $3,900, $4,100, $4400
Sell 1/3 of the position at each target.
Good Luck!!!
Note
First target hit today. Yay!Note
Second target hit!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.