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Divergence in BITCOIN

Short
Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Lines Candlestick Analysis Multiple Time Frame Analysis Bitcoin (Cryptocurrency) bitcoinforecast Ethereum (Cryptocurrency) bitcointrade Cryptocurrency bitcoinprice bitcoinlevels bitcoinshort bitcoinusd
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trendline candlestick mtfa bitcoin bitcoinforecast ethereum bitcointrade cryptocurrency bitcoinprice bitcoinlevels bitcoinshort bitcoinusd
On a hourly time frame, bicoin is showing a divergence in RSI.

The coin has been respecting a trend line and the RSI has been falling.

If there is a breakdown in a structure the coin can take support at 41980 and 37700.

The trade setup is good and targets are achievable.

Wait for the candlestick chart pattern to form near the trendline support.

Idee correlate

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Ethereum in a parallel channel
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Bitcoin near resistance level.
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