BTC Hidden Bullish Divergence on Weekly
Updated
RSI now flashing a lower low on weekly vs price higher low (Hidden Bullish Divergence)
This means downside momentum is peaking (fear), while price is not crashing (smart passive bidding)
This typically results in a new high in price and can extend to 36-40k in this case.
This means downside momentum is peaking (fear), while price is not crashing (smart passive bidding)
This typically results in a new high in price and can extend to 36-40k in this case.
Note
very bullish here at $25,000 unless you believe it's selling off to 22k Note
Note
Note
similar patterns before, likely to resolve to 32.0 now
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