1 min

Uptrend & downtrend Bitcoin cycles

As you already know I have the long position on Bitcoin, the signal was generated by the true bullish divergence. Today I wanna show you how this signals broke the trend in the past.

Hello, everyone!

As you already know I have the long position on Bitcoin, the signal was generated by the true bullish divergence. Today I wanna show you how this signals broke the trend in the past.

You can see on the chart that whenever the true bearish divergence appeared on the chart, the price went down very deep. In the summer 2021 at the very bottom the divergence was the signal of the new bullish trend. We can see that now we also have this signal. Will it cause the new uptrend this time?

Trade easy with Smart tools

Utilize AI-enhanced SmartBot for automated decisions and SmartTrade terminal for tailored manual trades, all in one integrated platform.

Similar blog posts

Hello, Skyrexians! Yesterday morning we did a big warning that altcoins will drop again. We expected the dump on Monday, but it has been started the next hour after our

Hello, Skyrexinans! Couple of weeks ago we also warned you on the weekend that on the next week can start the huge dump on the crypto market and on altcoins

Hello, Skyrexians! Recently we have already made the analysis that ETH is printing the wave C inside the global wave 2 in this bull run. Today we will consider the

Hello, Skyrexians! We have already made a lot of analysis on ADA and all of them plays out great, this coin is very technical moving, so we can predict them

Hello, Skyrexians! Recently talked enough about the Bitcoin and Dominance, it’s time to come back to altcoins with great potential. This is time for because it looks like to flash

Hello, Skyrexians! Yesterday we pointed out that 0.5 Fibonacci has been reached at 80k and this dump will not continue. Today we have a great bounce above $85 and the great chart