Divergence and an ascending triangle

2020년 4월 3일

Tri-star pattern on BTCUSD 4H as well as a fake breakout, MACD with divergence indicating downside. However the ascending triangle pointing upwards. I will wait for a confirmed breakout upwards and a close above the resistance.

2020년 4월 6일

노트

We are now above the line of the ascending triangle. However the MACD is still pointing downwards and I remain cautious at this point. Divergence usually dictates price direction