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chickenfeast

Appears to be a divergence in the lows of bitcoin on the MACD

Long
Bitcoin (BITFINEX:BTCUSD)  
chickenfeast Updated   
BITFINEX:BTCUSD   Bitcoin
Chart Patterns Technical Indicators
5
0
chartpattern indicator
The price of bitcoin has hit 3 lower lows but the MACD has failed to make the same lower lows. This is a clear divergence and indicates underlying strength in the price of bitcoin
Comment:
Bitcoin initially dipped after this idea but then soon recovered.
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