Stochastic Lane Divergence: Long Bitcoin BTCUSD

11 בינו׳ 2018

Bitcoin BTCUSD is looking like it is setting up for a lane divergence on the 2 hour time frame. A lane divergence is where the price makes a lower low but the stochastic is making a lower high. This is one of the best reversal set up out there. On a two hour time frame this could potential lead to $1000 change in bitcoin price. This is one of the best long set ups we have seen in a few days. We also have the channel bottom that took place and a great reversal candle being set up. We are oversold on the fast and slow stochastic