Bitcoin showing signs of reversal
Bitcoin after falling from 10k, yesterday managed to form a 1h RSI divergence. It is however testing previous heavy resistance. The divergence is a bullish reversal sign. breaking out of the diagonal resistance could be a good long signal. If it breaks out from this resistance , Bitcoin could find the EMA's as resistance. I've also some resistance and support lines that are generally respected. The performance of the bullish hidden Divergence might be hindered by the second one.
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