Bitcoin Forum
May 22, 2024, 12:55:39 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: Litecoin Scalp Trade A Perfect Bullish Divergence Spotted  (Read 80 times)
croptodic (OP)
Newbie
*
Offline Offline

Activity: 350
Merit: 0


View Profile
December 28, 2017, 12:38:40 PM
 #1

If you look at the 30 minutes chart, you will see that a bullish divergence has formed because price has made lower lows and RSI is making lower high, which mean blue lines are going opposite direction. RSI has gone below 30 level and now moving nicely above 30 level, so I am expecting it to go even higher. Price has touched the lower bollinger bands and now it will move up nicely. I have taken this trade as a scalp to make some quick profit.


Possibility on 30 Minutes Chart

https://ibb.co/d3MKnG

junjunsalsalani
Member
**
Offline Offline

Activity: 183
Merit: 10

equitybase: Crypto Real Estate Exchange


View Profile
December 28, 2017, 12:45:59 PM
 #2

Good entry point would be at 245 just above the last support that turned to resistance.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!