We are in an incredible moment, the doubts are so many that BITCOIN is capable of plotting both a BULLISH DIVERGENCE and a HIDDEN BEARISH DIVERGENCE in the 4-hour time range and using the RSI as an oscillator.
Bullish Divergence: Price performs Lower Lows while Oscillator performs Higher Lows
Hidden Bearish Divergence: Price makes lower Highs while Oscillator makes Higer Highs.
In this way, it is basically impossible to anticipate the next move today in my opinion. we have to wait and see.
It is also worth saying that what seems to have been formed is a Bearish Flag and, normally, this type of pattern tends to break downwards with what I opt for the BEARS today, in the absence of manipulative signals of course ...(The announcement of the LITECOIN and WALMART partnership was quite an act of manipulation engineering, I must say).
*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.
Posted Using LeoFinance Beta
