BTC USD - Forming Bullish Penant - Hidden Bullish Divergence

28 May 2017

BTCUSD 4hrs Bitstamp showing hidden bullish divergence with formation of bullish Penant. After testing blue support lines it can move upwards

29 May 2017

İşlem aktif

Price is still testing the blue support line.
Bullish spining top right on the support line indicates indecision amongst marketers.
It can go lower and touch the bottom of pendant before moving up again.

29 May 2017

İşlem aktif

Nice breakout from the triangle with a decent volume. A minor resistance area at 2280$

30 May 2017

İşlem aktif

Facing some resistance at 2312, price still hasn't broken upward trend. If it breaks the trend line and dips more. Time to close the trade and look for another set up.

30 May 2017

Emir iptal