ETH/BTC it's time to long the dip

Bullish divergence is one of my favourite indicators with great hit rate. As you can see on the chart, there is a forming and likely confirmed bullish divergence on 4H timeframe. It's also important to note that the current candle (circled in black) is a hammer so it enforces the hypothesis of an up coming reversal. You can take a shot at candle close or wait a little bit for a break and retest of 0.0263 level. Stop loss should be lightly below the recent swing low so it's a good R/R

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