Labrinth

Hidden Bull Div BTC 4h

Long
Labrinth Updated   
BITFINEX:BTCUSD   Bitcoin
For the moment I'm bullish on BTC, because the of the hidden bull div and two (smaller) bull fractals in a row.
The 9 to 50 EMA is currently bullish also, combining all the three indicators I'm hoping the price can move and close above $11200.
Comment:
The hidden bull div is developing into a regular bear div.
Comment:
In the 1h Chart there is a bull fractal in building.

On the daily chart the gap between the 9 and 50 EMA is getting narrower, possible golden cross upcoming. I'll keep watching how the chart evolves

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