BTC/USD -4hr- Hidden Bullish Divergence
Updated
BTC/USD -4hr- Hidden Bullish Divergence; consolidation continues
Bearish in red
Bullish in blue
Double bearish divergence on RSI has been reset, now ready for swing
Double hidden bullish divergence on RSI is active, ready for higher high or entry into equilibrium. Leaning towards HH forming (purple or amber scenarios)
Three possible scenarios showen in purple, amber, and green
Bearish in red
Bullish in blue
Double bearish divergence on RSI has been reset, now ready for swing
Double hidden bullish divergence on RSI is active, ready for higher high or entry into equilibrium. Leaning towards HH forming (purple or amber scenarios)
Three possible scenarios showen in purple, amber, and green
Note
More bearish tone after Mt. Gox wallet activity
need to hold $8948 for LH pattern to continue.
SL can set below $8948
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