BITCOIN DIVERGENCE EXAMPLES.
You cannot deny, the power of the divergence as shown above here on 12hr chart. Extremely powerful insight into future price direction, coupled with additional confluences can be a devestating approach to managing positions.
As can see past divergence patterns have been met with a rally to the upside.
As can see past divergence patterns have been met with a rally to the upside.
Note
Bitcoin arrived at first target and held up at the red level of resistance which is our daily swing area. Could we see a retrace to 41.5k for a retest of support? 
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.
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.