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Wunderbit
18 de Set de 2020 07:42

Forming Divergence on Bitcoin. 

Bitcoin / DollarBitfinex

Descrição

As we wrote in the previous posts, BITFINEX:BTCUSD price is targeting the final upward rise towards the golden pocket in the area of $11,241. Based on the volume and the level of RSI, if the price will able to reach this level then it will create a divergence on both of these indicators.

We are starting to monitor the short position as this looks like an optimal point of entry. However, it would be important to wait for the divergence and the potential formation of either a double top or horizontal channel with the area of redistribution on the top of that channel.

Best of luck with your trading!
Comentários
PolarHusk
ThanksForSharing
CryptoCheck-
awsome idea
Wunderbit
nzamans
Good analysis
Wunderbit
@nzamans, thanks
nzamans
@Wunderbit, welcome
CryptoCheck-
Have a look at my idea Bitcoin Fib Analysis...will go higher?
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