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.
Note
Bullish divergence in effectBut now price is hitting the top blue trendline
will have to wait and see if it can break that
Note
Bearish div forming.
Also hitting a resistance marked in black rectangle
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.