Cheungz

$BTC Saw A Hidden Bearish Divergence

Short
Cheungz Updated   
BITSTAMP:BTCUSD   Bitcoin
A hidden bearish divergence occurs when price makes a lower high (LH), but the oscillator is making a higher high (HH). By now you've probably guessed that this occurs in a DOWNTREND. When you see hidden bearish divergence, chances are that the pair will continue to shoot lower and continue the downtrend.

See you at $66k level.

Disclaimer: Opinions are my own.
Trade closed: stop reached

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