cryptopious

BTCUSD BULLISH Divergence

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Seeing some higher lows on both RSI and MACD , with lower lows with price action. Also resting on a 61.8 fib retracement. Could indicate we're headed for a small upwards run before carrying on the downtrend.
Seems to be rising, expect some resistance at the top of the channel. May break through for a small correction upwards, but needs to retrace further eventually.
Reply