BTC/USD fake decrease!(bullish divergence has occurred!)

By CobraVanguard
Updated
Hi every one
Bitcoin / U.S. Dollar

chart is speaking it self!!
we can see that the BTC/USD chart has formed a descending triangle which technical analysis says that the price will decrease eventually, but we don't think so! there is also a regular bullish divergence (+RD) as well so we think that it is more likely for the price to rise once again! so wait for the triangle to break ,if it breaks we shall see a huge amount of increase in the price!

Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.

Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!

Thank you for seeing idea .
Have a nice day and Good luck.
Comment
Will BTC reach 21k? it might!
Comment
BTC/USD in Rising Wedge {Hidden Divergence}
BTC/USD in Rising Wedge {Hidden Divergence}
Trade closed: target reached
Bullish DivergenceDivergenceTechnical IndicatorsTrend AnalysisTriangle
CobraVanguard
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