We’re currently looking at a textbook bullish divergence on BTC/USD. While price printed a lower low, the RSI formed a higher low on the 4H chart, signaling a potential reversal in momentum. This divergence often precedes a trend change or at least a relief rally.
Note
Hope everyone is enjoying the ride Trade active
The trade is still active. To manage risk effectively, consider placing your stop at the entry point to secure a risk-free position. Alternatively, you can take partial profits here if you prefer to lock in some gains.Trade closed: target reached
🎯 Target Reached! 🏆I'm excited to share that the long signal trade I posted earlier has successfully hit its target! I hope everyone who followed the idea managed to ride the wave and secure solid profits
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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.