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Labrinth
Feb 19, 2018 5:43 PM

Hidden Bull Div BTC 4h Long

Bitcoin / DollarBitfinex

Description

For the moment I'm bullish on BTC, because the of the hidden bull div and two (smaller) bull fractals in a row.
The 9 to 50 EMA is currently bullish also, combining all the three indicators I'm hoping the price can move and close above $11200.

Comment

The hidden bull div is developing into a regular bear div.

Comment

In the 1h Chart there is a bull fractal in building.

On the daily chart the gap between the 9 and 50 EMA is getting narrower, possible golden cross upcoming. I'll keep watching how the chart evolves
Comments
Joker1970
market sentiment is positive; 11K will be support in 1-2 days; take a position accordingly
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