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$BTC #Bitcoin Bullish Cypher

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We identified this before the cypher hit the .786, i think we may be hitting a short term top here for now, but theres still some time left in the session so its hard to be sure. I just wanted to breakdown the move up, and how i am seeing things. Id love to hear some input.

Nota

You can see at the PCZ of the cypher we had a real nice divergence on the RSI with our VIX indicators firing off at the same time. Shortly after the double bottom you can see the ADX diverging as well. Clear bearish divergences and VIX signals at the local tops and hidden bullish/ADX divergences again on the continuation

TradingNomadic

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