Bitcoin (+) Divergence - Price may start to go up! - 02.02.2018 Bitcoin Technical Analysis
Dear All,
A quick and short update for Bitcoin.
In 1 hour graphs Bitcoin is forming a (+) divergence with MACD indicator. The Indicator does not approve the last dip.
If the price will be able pass the Moving Average, Then It may go back to 9000 - 13000 channel again.
Trend is your best friend :) As long as the price stays above the moving average It represents an “Upward” Trend. As long as the price stays below the moving averages It represents an “Downward” Trend.
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Let's wait and watch. I'm going to be up all night
Moving Averages are around 9500 level @sidsun. If the price could pass it sun will rise... Let's see
Seems like BTC is back @sidsun :)