BTCUSD looking bullish
1 min read

BTCUSD looking bullish

The image below is a 15-min. timeframe of BTCUSD. As you can see below the chart, is cumulative delta, showing a lower low while price on bitcoin is making a higher high.

While the divergence isn't enormous, it's still very obvious. I am still holding on to my targets from the channel posted yesterday, but if we do break to the upside, you want to pay attention to the highlighted areas with resistance. Any tiny moves to the downside from the current level should be solid places to get into a long position.

There is of course, never any guarantees. Price can easily just continue to the downside, so make sure to get stop losses in, should the price decide to move to the downside.