BITCOIN: Bullish Divergence at the 4h-chart

Another low today, as expected, within the two lines which define the Bull-flag.

BITCOIN touched the lower support of the Bull flag and have entered inside the “Oversold” area of the RSI at the 4h-chart.

The good new is that RSI indication of the last two lows shows a divergence. When prices make lower lows but the oscillator(MACD or RSI are good ones) make higher lows it means just one thing, Next move must be upwards or, better said, it is a Bullish Divergence.

RSI Oscillator

MACD Oscillator

If you enter now (3400 USD), always considering that the upper dashed line is the “resistance” ,

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