Bullish n Bearish Divergences

Updated

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.

Note

Bullish divergence in effect

But now price is hitting the top blue trendline
will have to wait and see if it can break that

snapshot

Note

snapshot

Bearish div forming.
Also hitting a resistance marked in black rectangle

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