Bullish n Bearish Divergences

14 thg 8, 2018

BTCUSD chart on 4 hour time frame showing bullish and bearish divergences

Chart itself is self explanatory

You can a bullish divergence right now and then a green spike.

We still have to break the blue trendline to break free of the current down trend.

15 thg 8, 2018

Ghi chú

Bullish divergence in effect

But now price is hitting the top blue trendline
will have to wait and see if it can break that

15 thg 8, 2018

Ghi chú

Bearish div forming.
Also hitting a resistance marked in black rectangle