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theflamingfalcon
22 feb 2018 04:16

Bitcoin Bull Trap Unfolding - Hidden Bearish Divergence on Daily 

Bitcoin / United States DollarCoinbase

Beskrivning

On the daily we have a large hidden bearish divergence. A hidden bearish divergence of this length is rarely wrong. We have bounced completely off both the bearish trend line and closed below it, we have also fell back through FIB retracement line .382 which is a important line to break. We are seeing bearish signs in MACD in 4 hr and several different bearish divergences. Anyone calling this a bull run is crazy, we are definitely still very bearish and this temp rally back towards 11k is probably going to meet with a huge refusal and a further drop lower. We should be looking at a large drop soon.

Keep a level head guys!
Kommentarer
fabaUY
Nice...keep the good work coming
YardleyRosette
Excellent contribution!
theflamingfalcon
@YardleyRosette, Thank you!
YardleyRosette
Agreed on "those calling bull run are crazy"
Mer