Long

BTC Hidden RSI Divergence

By abdulla_faraz

Updated

We're seeing exhausted weaker bears over the last few days. RSI shows hidden slightly bullish divergence. We could see a retest of 6100 before making a lower higher then a higher high. No confirmation yet though. Wait for a higher low to form.

Order cancelled

RSI closed lower, and bears are still in charge. No reversal yet it seems.

snapshot

Note

Daily closed with an engulfing candle, and RSI breaks above. We may see the daily trend upwards for a the next few days.

Note

snapshot

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