Bullish divergence in BTCUSD
A bullish divergence is observed in the BTCUSDT in a four hour time frame. There is a possibility of the current downtrend reversing and forming new HHs and HLs. If the last LH level is broken and a new HL is formed, then it will be a good point to take a long position.
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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.