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tncckn
Oct 26, 2017 6:45 AM

BITCOIN bearish divergence on top 

Bitcoin / U.S. dollarBitstamp

Description

I always look for multiple tops, hns formations and (or) bearish divergences for a direction change after strong trends like we had in bitcoin.
Here we got 2 in hand and I can start waiting for price action at and arround the left shoulder level and the neckline.
note to oneself: must be prepared for an explosive rally if the bearish hns fails...
Comments
sciack
sure...lol
tncckn
@sciack, enlighten us pls, share your wisdom, present your projection
alexcrypto
I agree, I can see bearish divergence built on different timeframes
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