Daytrading bitcoin today have been boring at least, as price have gone very sideways before it dropped sharply and made a hidden bull divergence on RSI at the 15 minute chart.
I have beeen bearish all day, as the ,m but now I think a break UP may come any time. This last blowoff to $6500 and the immediate burst up again to $6610 signal buyers are just sitting down there waiting to collect cheap corn, and 6500 may be the lowest we get it at for now.
Still lacking volume to a full turn, but a bit up here may also liquidate shorts, building on the volume.
Be careful buying tough, as the 1 hour chart still show a hidden bear div on the RSI, but a bull divergence on the On Balance Volume (OBV) oscillator, so the signals go both ways.
The next hours may give us more to decide on.
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