Bitcoin (BTC/USD) :: Short Term Hidden Bullish Divergence
We currently have some hidden bullish divergence on the shorter time frames. On the 15 minute chart, we are seeing the price making higher lows, but the oscillator (StochRSI) is making lower lows. This signals that the price will likely continue upwards.
I would be careful here though, and preferably wait for more confirmation. A price break above $7502, with two 15min candle closes above that would make me much more inclined to believe we are going to continue to run upwards without the need for a breakdown.
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I would be careful here though, and preferably wait for more confirmation. A price break above $7502, with two 15min candle closes above that would make me much more inclined to believe we are going to continue to run upwards without the need for a breakdown.
If you like what you see please feel free to follow me here on TradingView :)
tradingview.com/u/himynameisbobby/
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