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BTCUSD - Chart Update | #bitcoin #litecoin #Forex #USD #Gold
BTCUSD - Chart Update | #bitcoin #litcoin #Forex #USD #Gold
Bullish strength remains intact despite some unwinding. A major technical event is unfolding at the moment, pitting RSI against price, whereby a POSITIVE (not Bullish) Divergence is underway.
Albeit rarer, Positive Divergences offer the single most discreet technical signal of impending move. While this divergence remains incomplete at the moment, our outlook remains bullish.
Cheers,
David Alcindor | 4xQuad.com
Bullish strength remains intact despite some unwinding. A major technical event is unfolding at the moment, pitting RSI against price, whereby a POSITIVE (not Bullish) Divergence is underway.
Albeit rarer, Positive Divergences offer the single most discreet technical signal of impending move. While this divergence remains incomplete at the moment, our outlook remains bullish.
Cheers,
David Alcindor | 4xQuad.com
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