AlanSantana

Bitcoin's Hidden Bullish Divergence [MORE REASON TO BUY]

Long
AlanSantana Updated   
BITFINEX:BTCUSD   Bitcoin
We know that Bitcoin’ is setting up its bottom.
We know that Bitcoin’ is bullish long term.
We know that the altcoins are booming and we were waiting for this retrace.

Yesterday we saw the 4 hours chart, on the RSI Bitcoin’ went oversold.
Today I am spotting hidden bullish divergence...

The time to buy Bitcoin’ has come.


Daily chart hidden bullish divergence:
Main chart above (4H Time Frame):

  • RSI hits oversold.
  • Hidden bearish divergence. (Marked with purple arrow)
  • Low bear volume on the drop.
  • These are bullish signals.

If you enjoyed this post, please like, share, comment and follow.

Namaste.
Comment:
Long term trade for Bitcoin:
Comment:
Previous trade idea:
Comment:
June's high downtrend line now working as support (BITSTAMP: BTCUSD):
Comment:
More bullish divergence, price vs RSI:


It just need some time to consolidate, maybe drop a little more and then move back up.
Comment:
Today is Bitcoin's birthday: HAPPY BIRTHDAY BITCOIN

- Historic prices, analysis, Bitcoin facts & more.

Click here:
Comment:
Strong bounce + higher low, check updates here:
Comment:
BTC November Historically Bullish + Full Analysis ($9000 Next)

Here are the points discussed in this trade idea:

  • Bitcoin's November Historically.
  • Reversal candle + higher lows.
  • Increasing volume .
  • Altcoins market update (Litecoin’, Bitcoin’ Cash, Ethereum’, Cardano, etc.).


Enjoy.

Namaste.
Comment:
Read what is written on the comment of this chart:
Thanks @Crypto-Adviser

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