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BTC: When to go long after a crash

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After a crash I always look for the second or third touch of bull-divergence on RSI.

Right now we have 2-touches on the one hour.

two small touches on 4-hour.

This is enough for a scalp long. Dont expect this bottom to last or hold but its enough to form a temporary bottom.

50% account long here. Stops a few hundred $ below.
Nota
Never long until you can 'hear the screams'. The volume shows capitulation, occurred twice in the 7300-7450 range.

Once everyone has sold, supply is exhausted and prices can rise (or attempt to)

istantanea
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Boom. Fomo inc.

Hammer soon.

istantanea
Nota
If you scalped this, this is a good take profit point

reload on the next divergence touch.

istantanea
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Watch out for bearish underpants pattern

Which I'm told by my friend @sandipan.mch is Wykcoff redistribution, not pants.

istantanea
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Sinuosity has pointed out in private message the third underpants has lots of volume and looks different to the rest.

I agree ^_^

It also has significant 4hr divergence on RSI
Nota
Third touch of four hour Rsi bullish divergence now occurring

istantanea

Shorts are piling up finally. They always get bearish near the bottom
Nota
Chart analysis continued over here:

Trade against divergence if you dare

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