Bitcoin – prepare to buy!

08.03.2022 12:24 am

Hello, everyone!

Our yesterday scenario is going to play out. Bitcoin did the lower low as I said and now it’s time to show the local grow, which we can try to catch.

The RSI and MACD formed an extremely strong bullish divergence on the 1h timeframe. I am waiting for the first increasing column on the MACD histogram at the 1h candle close. This true divergence will cause the true divergence on the 4h – this is much stronger bullish signal.

Good luck!

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