BTC bullish divergence detected!

BTCUSD 4H Chart Analysis:

• Price action: Lower Low
  
• Stoch : Higher Low
  
• ADX: DI- (orange line) has already hit 41. Now, seemed to be heading down which is good for the bulls.
  
  

So, I expect to see a strong uptrend in a day or two. Trade safe.

*** This is not a financial advice.

Commento:

The selloff started again. There must be another FUD or people are just scared. I don't know when the selloff will stop.
DI+ and DI- is still wide open! We need them to get closer.
ADX is at 48 is crazy!!
We have a major support at 7900.

I won't predict. I prefer to identify a trend. So, I'll post when I see an uptrend.

Commento:

New post is up