BTCUSDLONGS down by a huge. Capitulation is in the air.4H Bullish Divergence. Mildly strong bullish reversal signal.
The first clear one actually.
Mind you, we are still in a bear market. This if anything, is a short term bullish reversal to maybe hit the RES at 11-12k$ range.
That point will be crucial.
Order cancelled
BTC didn't complete the divergence on the 4H. Instead broke through tend on RSI.Probably can be attributed to news of China completely banning foreign cryptocurrency trading platforms.
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