A possitive divergence appeared on Bitcoin price chart. It is first time after market crashes from 97K to 60K. Bitcoin price was trying to find the bottom. We need to see possitive divergences on Bitcoin price chart to be sure for bottom. There is a possitive divergence on daily chart of Bitcoin price.
Here you can see daily chart of Bitcoin price and the indicator. The top level of daily chart is decreasing but the top level of RSI Indicator is increasing. We may see bullish attack after this possitive divergence.
This is daily chart of Bitcoin price. This possitive divergence bring small bullish attack on Bitcoin price chart. We need to see these divergences on weekly chart of Bitcoin price.
Here you can see the indicators on weekly chart of Bitcoin price. MACD Indicator is at all time low level and trying to reverse up. Fisher Indicator is also trying to reverse up.
RSI Indicators level is close to all time low level. We may see smal bullish trend on Bitcoin price chart.
Even we are close to begin small bullish trend on Bitcoin price chart, there is bearish flag pattern on Bitcoin price chart. Market maker always makes fake moves. We may see small bullish trend after market crash. So, we should be careful.
We will see..
