Anoinvest

Simple 1D + 1W BTC TA

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BITSTAMP:BTCUSD   Bitcoin
Hello everyone :)

Today I´m here to bring you simple TA on 1 Week + 1 Day time frames

4H chart ( short term ) looks quite bearish but

1D chart looks way more interesting as RSI is in undersold area and bouncing on MA730 (If you wonder why Im using 730 and why is it important for me check link in related ideas - Corrective fractals and see updates where you can find the answer)

But the best part is 1W chart which shows hidden bullish divergence.

So lets track this and see where it will bring us.
I´m expecting bounce up to 9,5K approx.
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So far going as expected
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Looks like the party allready started
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Penafian

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