Regular divergence in Bitcoin Daily chart; 2 July 2020

Regular divergence in Bitcoin Daily chart; 2 July 2020

By Emad | honarparvar | 2 Jul 2020


in the D1 Bitcoin chart, you can see a very simple regular divergence between the recent short term downtrend and the MACD oscillator:

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if the divergence is spotted right, the price should try to break the resistance (which is the down trend line) and touch $10k and if there is a good momentum, we will expect further resistances to be tested.


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Emad
Emad

Blogger, business developer and Crypto enthusiast


honarparvar
honarparvar

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