Bullish Divergence on 4H BTC Chart

16 mag 2018

Hello my fellow traders, as it looks like it might just break out at any moment let's jump right into this idea. Up top is the 4H BITMEX BXBT chart where we are clearly seeing lower lows (in green) yet the RSI, Stoch and MACD are making higher lows (in green) indicating potential bullish divergence. This pattern is to be traded upon successful close above the yellow dotted line which would be the resistance level.

*For educational purposes only. NOT financial advice.*

16 mag 2018

Nota

And it just broke the yellow resistance line seconds after I published this idea

16 mag 2018

Nota

Lets see if we can close the 4H candle above (1h20m to go)