samadamsSAO

Bear flag with hidden bullish divergence?

samadamsSAO 업데이트됨   
BITFINEX:BTCUSD   비트코인
You can see we are forming a bear flag, but there are a couple of potentially bullish signs in the indicators.

1) Look at the RSI. You can see BTC is becoming less oversold even though the price continues to descend. A sign of bullish divergence.
2) Bear volume declining while the price is still traveling lower. This is a good sign although a break to the downside will surely bring back the bears.
3) There is also a bullish MACD cross.

These signs are pointing to exhaustion of the current trend in this time frame.

This is just an idea and waiting for confirmation after a break to either side is the best course of action.



거래청산: 스탑 닿음:
lol, poor btc

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.