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$BTC 1W Chart Analysis 🔎
Hidden Bullish Divergence On RSI!
Price action has broken back above the yellow 1W 200MA.
This is very important for the bulls to hold this below price action.
The Stochastic RSI is showing a bullish cross.
There is also a hidden bullish divergence between price action and the RSI.
This signals about a 90% chance that we break the high of $82K before we break the low of $58K. A very powerful tool!
The MACD is in bearish territory but has formed a bullish crossover.
Hinting at a potential recovery.
NFA, DYOR ⚠️
#Crypto #Trading #BTC