Bitcoin: 12HR Chart overview, Hidden BULLISH DIVERGENCE.
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Bitcoin 12HR chart is looking quite interesting:
-Hidden bull div on 3 separate indicators
-Possible downtrend channel
-Possible triangle forming
Watch for a close above 3714 as confirmation of end of this current downtrend.
If we break the downtrend or horizontal support then check my weekly overview for possible scenarios
-Hidden bull div on 3 separate indicators
-Possible downtrend channel
-Possible triangle forming
Watch for a close above 3714 as confirmation of end of this current downtrend.
If we break the downtrend or horizontal support then check my weekly overview for possible scenarios
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Weekly overview with labels:12HR overview with labels:
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Missing chart from above comment:(weekly overview with labels)
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The triangle pattern looking invalid now.We are still sitting on a support of a descending channel, if BTC holds 3500 we could push up to the top of the channel, Bull div is there.
meanwhile a break under the support and we are looking towards 3k again.
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