reees

hidden divergence (bullish) may be forming

BITSTAMP:BTCUSD   Bitcoin
keeping my eye on the hidden bullish divergence (RSI) that's potentially forming on the weekly. we're still not even halfway through the week, but signals like this are worthless if you're not on top of it.

if price makes a lower low (below $28.6k), the divergence would be invalidated and this would appear quite bearish. if price finds support at the neckline and/or continues to rise, that would start to look like a bullish reversal to me.

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