This Legacy Crypto has the “Largest Bullish Divergence Ever,” Claims Analyst

This Legacy Crypto has the “Largest Bullish Divergence Ever,” Claims Analyst

Litecoin is the epitome of what investors describe as a “legacy altcoin” with little utility in the present crypto ecosystem, but still often sees large rises in value due to new entrants to the market buying it due to its established history within the crypto ecosystem. Additionally, the addition of Litecoin to platforms like PayPal […]


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Bitcoin Price Technical Analysis for 15/4/2015 - Bullish Divergence

Bitcoin has continued its decline since starting the week with a bearish breakout from the weekend consolidation range seen in the 1H chart. During the April 14th session, price fell to about 216 before the global April 15th session began. As we can see in the 1H chart, there is a bullish divergence between price and the RSI (A bullish divergence occurs when price makes lower lows but the RSI makes higher lows). This suggests a shift in momentum, or at least a deceleration, which can be a sign of upcoming consolidation or bullish correction. Bitcoin (BTCUSD) 1H Chart April 15. The 1H chart....