Bitcoin Prints Strong Bullish Divergence | The Low Is In? | Next
Updated
Bitcoin has been consolidating downwards for the past three weeks while holding the low from the 25th of November. Today, a new low was hit at $6425 with a 4H candlestick now starting to show increasing volume and bouncing back up, is the low in?
Here is the 4H chart:
On the daily (D) timeframe, which is the main chart above, strong bullish divergence is showing up with the MACD And RSI.
These are early signals but Bitcoin (BTCUSD) might have hit its low.
We have been waiting for Bitcoin to start growing in December...
We remain bullish long-term.
The altcoins continue to grow even while Bitcoin is having strong retraces and drops... This is only the beginning, the cryptocurrency markets will grow in late 2019 as well as in 2020, 2021 and beyond.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Here is the 4H chart:
On the daily (D) timeframe, which is the main chart above, strong bullish divergence is showing up with the MACD And RSI.
These are early signals but Bitcoin (BTCUSD) might have hit its low.
We have been waiting for Bitcoin to start growing in December...
We remain bullish long-term.
The altcoins continue to grow even while Bitcoin is having strong retraces and drops... This is only the beginning, the cryptocurrency markets will grow in late 2019 as well as in 2020, 2021 and beyond.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Comment
If you would like to check some of the altcoins, below you can find them. Click on the image to open up the chart and full trade details.Feel free to leave a comment if you have any questions.
RCNBTC](596%) Ripio Credit Network Full Trade
 Ripio Credit Network Full Trade](https://s3.tradingview.com/r/rKNOngqg_mid.png)
DMTBTC](807%) DMarket PREMIUM Trade
 DMarket PREMIUM Trade](https://s3.tradingview.com/q/QJqlyfio_mid.png)
SALT Will Easily Grow By 397% & More (See Inside)
POABTC](285%) POA Network Trade Signal
 POA Network Trade Signal @alanmasters](https://s3.tradingview.com/8/8AiXj04x_mid.png)
THETABTC](395%) Theta Token Bullish Future
 Theta Token Bullish Future](https://s3.tradingview.com/l/LLlgnDF2_mid.png)
Waves Long-Term Potential Set At 3,442.32% | Weekly Timeframe
Full long-term chart for Waves with targets.
AMBBTC](911%) Ambrosus PREMIUM Trade
 Ambrosus PREMIUM Trade](https://s3.tradingview.com/l/ltaG4Jiu_mid.png)
DCRBTC](246%) Decred PREMIUM Trade
 Decred PREMIUM Trade](https://s3.tradingview.com/v/vB8S0ToU_mid.png)
AGIBTC](570%) SingularityNET Risk Free Pt.0
 SingularityNET Risk Free Pt.0 @alanmasters](https://s3.tradingview.com/n/nKnB2DIA_mid.png)
POTBTC](234% - 2201%) PotCoin PREMIUM Trade
 PotCoin PREMIUM Trade](https://s3.tradingview.com/8/8edjCpIy_mid.png)
STORMBTC](935%) Storm Full Trade
 Storm Full Trade](https://s3.tradingview.com/b/BZNKyDXr_mid.png)
XMY](454%) Myriad Trade Signal
 Myriad Trade Signal @alanmasters](https://s3.tradingview.com/t/T3x3V5lX_mid.png)
Comment
Dusk Network (DUSKBTC)
Ontology Gas (ONGBTC)
Stratis (STRATBTC)
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.