Bitcoin short-term view - bullish divergence - recovery likely
Updated
Bitcoin short-term view - bullish divergence - recovery likely
Can imagine BTC to meet SMA200 again at about $40.342 (also FIB 38.2%).
Therefore we need a confirmed break of volume cluster between $39.400-$39.684 first.
Next lower price action support is $38.037.
What do you thin dear Crypto Nation?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Can imagine BTC to meet SMA200 again at about $40.342 (also FIB 38.2%).
Therefore we need a confirmed break of volume cluster between $39.400-$39.684 first.
Next lower price action support is $38.037.
What do you thin dear Crypto Nation?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Note
Even a bigger short-term bullish divergence comes into play (yellow dot line)
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