revisiting my old friend bitcoin the recent run up demands some digging on the long charts
the 1 week (not listed) has a flat MACD and weaker RSI when compared to last 2 runs up
this 1 day we can see how the MACD does reflect a bullish divergence and this run up but it is already losing steam
with a bearish formation taking place off those 2 recent MACD measurements, looking for key candle low from 04-16-17 price 1150
1150 and I will put a small bet on the short side and update this trade idea with some key fib levels to exit
the 1 week (not listed) has a flat MACD and weaker RSI when compared to last 2 runs up
this 1 day we can see how the MACD does reflect a bullish divergence and this run up but it is already losing steam
with a bearish formation taking place off those 2 recent MACD measurements, looking for key candle low from 04-16-17 price 1150
1150 and I will put a small bet on the short side and update this trade idea with some key fib levels to exit
Comment:
Trade closed manually:
it truly is historical how strong BTC is
good times
good times
