It is good to buy on dips around 10650-700 with SL around 10000 for the TP of 14600.
交易進行:
It has shown a minor decline below 100 day MA and shown a slight recovery jumo till 12300 likely
評論:
Watch for 11795 high made from the low of 10162. Break above 11800 confirms intraday bullishness and jump till 14400 (42% jump possible).
I don't think BTC will drop to $10,000. It's too obvious and people who sell BTC on Margin will lose everything.
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That's not bullish divergence. Bullish divergence would be if price made a new low while RSI fails to make a new low
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@julianface, , this hidden divergence . Take from low of 11159 (RSI 46) and low 11191 (RSI 37)
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@FxWirePro, ah apologies I thought it was regular divergence. It makes me realise I misunderstood hidden divergence this whole time, thanks!
Bullish divergence: lower lows on price, higher lows on indicator
Bullish hidden divergence: higher lows on price, lower lows on indicator
Bearish continuation: lower lows on price, lower lows on indicator
Bullish divergence: lower lows on price, higher lows on indicator
Bullish hidden divergence: higher lows on price, lower lows on indicator
Bearish continuation: lower lows on price, lower lows on indicator
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@FxWirePro, your rsi is based on close price so you can't compare it with the low price. Compare close with close or set rsi to low.
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Nice spotting Sir!! For those that can't see it
PS:any update on XAUUSD
Thnaks for your time and knowledge.
PS:any update on XAUUSD
Thnaks for your time and knowledge.
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