Divergence in BITCOIN
On a hourly time frame, bicoin is showing a divergence in RSI.
The coin has been respecting a trend line and the RSI has been falling.
If there is a breakdown in a structure the coin can take support at 41980 and 37700.
The trade setup is good and targets are achievable.
Wait for the candlestick chart pattern to form near the trendline support.
The coin has been respecting a trend line and the RSI has been falling.
If there is a breakdown in a structure the coin can take support at 41980 and 37700.
The trade setup is good and targets are achievable.
Wait for the candlestick chart pattern to form near the trendline support.
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