Long
Positive divergence on 1h chart (XBTZ17)
We have a positive divergence and should go up at least to the falling trend line. If we break the trend line will be bullish. Otherwise the recent drop should accelerate with a break of 3500.
I give it 70% chance bullish for now.
I give it 70% chance bullish for now.
Note
Consider taking profit 3770-3800
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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.