Trading

Bitcoin - prepare to buy!

Hello, everyone!

Our yesterday scenario is going to play out. Bitcoin did the lower low as I said and now it's time to show the local grow, which we can try to catch.

The RSI and MACD formed an extremely strong bullish divergence on the 1h timeframe. I am waiting for the first increasing column on the MACD histogram at the 1h candle close. This true divergence will cause the true divergence on the 4h - this is much stronger bullish signal.

Good luck!

Trade easy with Smart tools
Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform
Get started

Similar blog posts

Experience the next level of trading efficiency