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MagnusTradingGroup
Feb 21, 2015 4:24 AM

Bearish divergence at key resistance level Short

Bitcoin / DollarBitfinex

Description

Volume and OBV are both not supporting the bullishness of this wave (III)
We are likely to continue forming the wedge (in 5 waves ideally) on lower volume and break down right after.
Sell here and buy at the level of green support trend line.

For further analysis check out my other published charts that I linked bellow.

Cheers : ]
Comments
UnknownUnicorn38668
bravo
MagnusTradingGroup
Thanks Grandmaster Bear Alste ! : ]
Turco
Good stuff.
MagnusTradingGroup
#TeamMagnus :D
Cryptoelite
Nice work thank you sir. I just took this trade...

MagnusTradingGroup
looks decent ! :)
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