Bitcoin Cash in Accumulation Phase before Hard Fork on Nov 15 Broke Key Resistance and Bounce with Target 660 $
BTC bounced off trendline, Target 6.8 - 7 K based on fib and previous retracement levels
Triple Bullish Divergence, same happened before Trend Reversal in 2014/15 Possible Scenario: Short Squeeze followed by Uptrend with Target 8,5 - 10 k
Class A Bearish Divergence on RSI (Strong Sell Signal) Target 6k
- lots of similarities here, notice the low volume and reversal candle, RSI going flat - price got rejected twice at the upper trendline and the 50 EMA - MACD still looks bullish but that was the same last time when the bear flag broke down