BTC - Daily Close Signal
Here is an update to our previous post:
As you can see we did have another daily candle close the body EXACTLY on our trendline of old resistance that is trying to be flipped into new support. Also we have a hidden bullish divergence forming on the daily RSI.
Even if price wicks lower tomorrow, if we get a third daily close right on this trendline it should give us confirmation the next higher low has been set.
As you can see we did have another daily candle close the body EXACTLY on our trendline of old resistance that is trying to be flipped into new support. Also we have a hidden bullish divergence forming on the daily RSI.
Even if price wicks lower tomorrow, if we get a third daily close right on this trendline it should give us confirmation the next higher low has been set.
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.