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edwincarstrading

BTCUSD Divergence 1H

Long
Bitcoin (BITSTAMP:BTCUSD)  
edwincarstrading Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD LONG Cryptocurrency
4
0
trendanalysis chartpattern indicator btcusd long cryptocurrency
I have just spotted a price divergence in the hourly chart, DMI and MACD confirm trend reversal, however, for extra confirmation, you may wait for the price to break trough the Ichimoku Cloud towards next resistance level (2800)

snapshot
Trade active:
DMI is still in range, but heading north. MACD and RSI confirm long position.
Trade closed manually:
TP NOW. 4 candles overbought.

SL-Buy over 2685 to go Long if trend continues.
Trade active
Trade closed: stop reached
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