BitcoinLargo
Bitcoin Hidden Bullish Divergence
Actualizado
As myself and many others on here predicted ~8k would be support and a possible bottom. Now that we have confirmation it is support... the only question left is whether it is also the bottom!
We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom.
This is reason enough for me to start accumulating bitcoin again to hold, but I am not convinced we will not go lower so I saving most of my cash for lower levels.
The next stop is ~5k if 7.6k Fails.
We have hidden Bullish divergence on OBV and RSI indicating this level as a possible bottom.
This is reason enough for me to start accumulating bitcoin again to hold, but I am not convinced we will not go lower so I saving most of my cash for lower levels.
The next stop is ~5k if 7.6k Fails.
Nota
I am getting some push back from other traders, saying I am not using divergences correctly here. My goal for this chart is to learn more about them so if you have experience working with them, please contribute below by posting your own charts/knowledge.Thanks!
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