#BITCOIN Hidden Bullish Divergence continues to play out
On this daily timeframe we see the hidden bullish divergence continue to playout all the way to weekly time frames (not shown)
for those unaware or unsure hidden bullish divergence is when price makes a higher low and RSI makes a lower low. a regular bullish divergence would be price making a lower low and RSI making a higher low. for an example see my last post here:
my personal view is more upside from here. if the RSI break the 3rd pink trend line i've drawn and break 53K - 54K then i would turn full BULL to ATH!!
for now im long to 45-46K level before reassessing and possibly taking some profits
good luck out there.
for those unaware or unsure hidden bullish divergence is when price makes a higher low and RSI makes a lower low. a regular bullish divergence would be price making a lower low and RSI making a higher low. for an example see my last post here:
my personal view is more upside from here. if the RSI break the 3rd pink trend line i've drawn and break 53K - 54K then i would turn full BULL to ATH!!
for now im long to 45-46K level before reassessing and possibly taking some profits
good luck out there.
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