1D RSI divergence - short

9 mag 2018

BTC has divergence on the 1D RSI. We are also looking for a decent pullback to help the general bull trend.
The 50% line at 8358 is a good target, with some additional support from mid-April and mid-May.

13 mag 2018

Trade chiuso: obiettivo raggiunto

but there is still some way to go.
The long term line in purple coincidences with .786 retracement level giving some reasonable support. However, I expect the 1day RSI to hit 30% before any meaningful movement upwards occurs.