Bitcoin / EuroLong
Big bullish divergence on the 4H RSI + Green volume spike
Although I thought that 2.7K was the bottom, it seems that we won't make it that far. We have a very nice bullish divergence on the 4H RSI, followed by a green volume spike.
Shorts are at an ATH, so a squeeze isn't unthinkable. We also broke out of the short term declining trend line. This could be a nice leg up...
Other thoughts? Feel free to shoot!
(NO financial advice.. TRADE SAFE!)
Shorts are at an ATH, so a squeeze isn't unthinkable. We also broke out of the short term declining trend line. This could be a nice leg up...
Other thoughts? Feel free to shoot!
(NO financial advice.. TRADE SAFE!)
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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.
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.