Bitcoin 1H Hidden Bullish Divergence | Hold, Don't Fold!

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

AlanSantana

Bitcoin is just going through a retrace which we expect to end up in a higher low compared to 27-Feb., regardless if it goes to $42K,$41k, $40K, $38K, etc.

We now have a not so common signal; Hidden Bullish Divergence.

RSI: Lower lows

MACD: Lower lows

We also see prices bouncing above EMA10 and EMA100 (candle closure needed for confirmation).

Conclusion

Always bullish above $37,000.
That’s the point to keep in mind.
Don’t let them shake you out of your hand.
Notice that our Altcoins (ALTSBTC) continue unaffected; that’s what gives it away.

Namaste.

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