Bullish n Bearish Divergences
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BTCUSD chart on 4 hour time frame showing bullish and bearish divergences
Chart itself is self explanatory
You can a bullish divergence right now and then a green spike.
We still have to break the blue trendline to break free of the current down trend.
Chart itself is self explanatory
You can a bullish divergence right now and then a green spike.
We still have to break the blue trendline to break free of the current down trend.
Nota
Bullish divergence in effectBut now price is hitting the top blue trendline
will have to wait and see if it can break that
Nota
Bearish div forming.
Also hitting a resistance marked in black rectangle
Penafian
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