BTC Hidden RSI Divergence

Updated
We're seeing exhausted weaker bears over the last few days. RSI shows hidden slightly bullish divergence. We could see a retest of 6100 before making a lower higher then a higher high. No confirmation yet though. Wait for a higher low to form.
Order cancelled
RSI closed lower, and bears are still in charge. No reversal yet it seems.

snapshot
Comment
Daily closed with an engulfing candle, and RSI breaks above. We may see the daily trend upwards for a the next few days.
Comment
snapshot
Chart PatternsDivergenceTechnical IndicatorsRelative Strength Index (RSI)Trend Analysis

Also on:

Disclaimer