Gajanan_Y

Bitcoin Making RSI Divergence Pattern- Possible Breakouts

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Following chart is of BTC /USD which shows RSI Divergence Pattern, Buy After it Breaks the @41000 Level, Very Strong Resistance right there.
Also The Targets is huge, so Go Long After Breakout.

Do follow for more trading setups like these
Thanks, if you have any queries/suggestions related to above pattern, feel free to type below in the comment section.

Comments

All indicators looking bullish right now. This seems to be a long consolidation phase. Could very well be range-bound for another month but it seems the worst is over for now.
+1 Reply
MACD looks bullish
+1 Reply