Potential double bottom
Bullish swallowing daily candle
Bull divergence on daily
Hidden bull div with 3k bottom on 3D
Volumes OK
Yearly pivot point still holding as support
Target ? 9000
Support ? 8000-8100
Bullish swallowing daily candle
Bull divergence on daily
Hidden bull div with 3k bottom on 3D
Volumes OK
Yearly pivot point still holding as support
Target ? 9000
Support ? 8000-8100
Note
As I wake up, this scenario is losing valuePotential hidden bear div on 4h
POC titrated up and is now acting as resistance (volumes point of control)
Note
Let's see if support holds and then resistance breaksIf not ? I'm looking into 7200 area
Note
This morning, it seems like this scenario is regaining strength as BTC makes a bullish engulfing candleThe hidden bear div is bouncing on the validation level (50),
As 8100 holds, it can still go to 8500 and 9000
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.