BTC - Daily major support | 4H bullish divergence

٨ سبتمبر ٢٠١٨

The goal here is to track events leading up a possible trade, not an immediate entry.

Some bullish thoughts:

• Major daily support level
  
• Likely bullish divergence on 4H chance (pending next candle close)
  
• BTC shorts around ATH
  
• BTC shorts looking like a possible double top
  
• 2 times Fibonacci extension from a recent swing low -> high
  
• At lower Bollinger Band and sell volume is decreasing
  

If turns out be valid 4H divergence, and we see a second RSI pivot higher than the last, waiting for another retracement and entering in one the 1H timeframe. Expecting at least a bounce here