Badrosha

Bullish divergent locked part 2

Long
Badrosha Aktualisiert   
BITFINEX:BTCUSD   Bitcoin
Divergent is here inside a big falling wedge, this could be a second step of a bullish setup to higher levels and a breakout from the down trend so the wedge, i would raise my long at the right shoulder bottom if it performed or the break from the neck line directly and see how the volume going to behave, accordingly i will decide either i take my profit at the nearest resistance at 7700 area or the yellow line of the falling wedge or will hold this position for further levels "which i believe i will", don't forget that we might be doing the same pattern we have " narrowed by the red arrows " so watch closely we need a change in this one in order to build more bullish scenarios.
Kommentar:
first target and must see whats going to do in this area of heavy resistance
watch for a wedge breakout
Kommentar:
what im expecting is that the next 3-4 days are going to be bullish and will kill some resistance, as you can see that air gab in the cloud is likely to pull the price to it in a bullish market and this can go vice versa in case of a bull market so be aware of the days 4th and 5th of April, too much lines are drawn but its just my studying chart ;)

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