BitcoinLong
I see some bullish divergence on the 4h chart
RSI is making higher lows (bullish signal) as price is forming lower lows (bearish signal).
Although price action is the more indicative indicator we see that the price swings to the downside lost their steam and it's looking like a correction to the upside is on it's way.
I have a feeling that bulls are up to something. Go Bulls!
Cheers!
Although price action is the more indicative indicator we see that the price swings to the downside lost their steam and it's looking like a correction to the upside is on it's way.
I have a feeling that bulls are up to something. Go Bulls!
Cheers!
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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.