BITCOIN: I'm still bullish

BITCOIN: I'm still bullish

By toofasteddie | The cryptorunner | 7 Sep 2020


Quick post here...not so much time today for following the market, however, I am still maintaining the set-up of 2 days ago.
There is a clear Bullish divergence on the movements of the crypto king. It can be identified already in the 4 Hour chart but I am posting the a smaller time-frame of 1 Hour.

Bullish divergence on RSI:

image.png

Bullish Divergence on MACD:

image.png

Still thinking that this a Falling wedge pattern...we just need to see a turn on the buying volume to confirm it.

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.

 

giphy.gif?cid=4d1e4f29f45bf4a27011ec07d4108461a95265235b982df8&rid=giphy.gif

banner.gif

How do you rate this article?

9


toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
The cryptorunner

Opinion and Trading Ideas about crypto

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.