czarly
Long

Hidden bullish divergence

BITSTAMP:BTCUSD   Bitcoin / Dollar
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Often at the end of the correction we see hidden bullish divergences. Since the major trend still shows up, we can expect new all time highs and a new stage of the rally from here.
Kommentar: Now there is a smaller bullish divergence in the 4h chart. Everything good to go up again.
Kommentar: Still this thing looks like a bear flag and to be honest I am not buying here. But I am also not selling anything. Since the price in a flag goes up and down in a channel, the next target would be around 18k before the next retracement. After that the next move downwards can start. This game can go on indefinitely (Altcoin time) or be over after the next shot.
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