BTC has formed bullish divergence on 4H to 23H, reversal likely
If you look at time frames, 4H, 6H, 8H, 12H, and 23H you can clearly see bullish divergence has formed. A reversal in this situation is highly probable.
Nota
We dropped more unfortunately. The divergence is still there, and this 7900-8000 level could be where we see a reversal. It happens to also be near the end of a wedge.Nota
The reversal ended up happening, hopefully you saw the signs of it coming to an end up near 8600 and switched back to a short.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.