BTC Capitulation 24/11/2018

in #cryptocurrency • 6 years ago (edited)

Good evening all, im sure if you follow the Cryptocurrency space you are aware of the capitulation taking place in BTC, and thus other cryptos.

I just want to point something out about the capitulation with BTC. Hopium incoming.btc bullish divergence 24112018.png

From the screenshot of my chart above, you can see on the RSI it is having producing a bullish divergence, this is where the prices goes into a lower low, while the RSI goes into a higher low. While all the FUD and red candles are taking place, remember the data which produces the RSI indicator doesn't lie. hopium.jpg

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Disclaimer: I am not a financial advisor and any of my content should not be taken as financial advice. The information and content provided is purely my own thoughts and intended for informational and entertainment purposes only. This is not investment advice. If you want to invest you should consider consulting with a professional beforehand.

#bitcoin #technical #analysis #stocks
6 years ago in #cryptocurrency by
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