BTC LONG RSI DIV
Updated
Hello everyone,
Bitcoin made a huge pump without overnight and passed 28k earlier this morning after multiple attempts
As we can see on the 15m chart we got an huge bullish divergence that corrected the strongly overbought RSI
We still evolve in an ascending channel and i think it's only a question of time before we see another similar pump
It's also worth noting that it's october and historically bitcoin never performed better than in october
Last but not least, i wish you a good and safe week, good trading to you and stay safe
(apologies for the poor english)
Bitcoin made a huge pump without overnight and passed 28k earlier this morning after multiple attempts
As we can see on the 15m chart we got an huge bullish divergence that corrected the strongly overbought RSI
We still evolve in an ascending channel and i think it's only a question of time before we see another similar pump
It's also worth noting that it's october and historically bitcoin never performed better than in october
Last but not least, i wish you a good and safe week, good trading to you and stay safe
(apologies for the poor english)
Note
a bear div formed and we got a dump right after, however we bounced on 27850 level, i think the market is still bullish as long as we don't break the 27820, we can expect a retest of the resistance around 28400Safe trading to you
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