Bitcoin
Updated

BTCUSD RSI bullish divergency

159
Guys, we are in a symmetrical triangle, we can break up or down any time soon.
Is RSI showing an hidden divergence?

Not market advice, just sharing my thoughts.
Note
In case we break up my targets would be:

1) 50 MA
2) 6800 usd
3) 7000/7200 usd
Note
Second target reached
Note
We should see more upside
snapshot
Note
Maybe something like this
snapshot
Note
Update
RSI at 30 mins is looking pretty bad, so if we break down we could see first stop at 6500 and if we break up first stop will be around 6900
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.