Weekly Bullish Divergence
Hello everyone,
for anyone who is a fan of Crypto Face's indicators, Market Cipher B has been showing the development of a Bullish Divergence on the higher timeframes. 'Weekly' timeframe in the current chart.
On the weekly, it seems as though both WaveTrend's are preparing for to cross. This is an extremely bullish indication. I think it's definitely something to look out for.
Do not make any decision on this alone. Further analysis is needed among multiple different timeframes to come too a solid conclusion. We must wait for and see the multiple timeframes are telling us the same story.
Will keep updated.
for anyone who is a fan of Crypto Face's indicators, Market Cipher B has been showing the development of a Bullish Divergence on the higher timeframes. 'Weekly' timeframe in the current chart.
On the weekly, it seems as though both WaveTrend's are preparing for to cross. This is an extremely bullish indication. I think it's definitely something to look out for.
Do not make any decision on this alone. Further analysis is needed among multiple different timeframes to come too a solid conclusion. We must wait for and see the multiple timeframes are telling us the same story.
Will keep updated.
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