BTC Bullish Divergence on Bullish Divergence

9. Mai 2018

This one goes hand in hand with my last post. Here the regular divergence on the hourly. The bottom is either set or we will get once more dip before making our next leg up past 10k.

10. Mai 2018

Kommentar

On track. Looking for a solid break and hold above 9.4k to add to longs.

10. Mai 2018

Kommentar

Here's a little update - as i've said we need to break 9.4 and hold to confirm a reversal on this 3 day down trend. We're consolidating right under that currently which is highly bullish and I wouldn't be surprised if we get a nice pop sometime here in the next few hours. Alternatively, I'd keep your stops tight because if we don't break up, we'll be looking for one swing low (probably 8850ish) before we have another crack at it 9.4k. Regardless, I'm bullish and just holding a low leverage long in preparation of a possible dip. I think a break of this level on some high volume could send us past 10k pretty damn quick as well. Which is why a low leverage/small postion size will still pay off and limit risk if we did have a hard dip here. 80% bullish.