BITCOIN: Positively trending Business sector OR Crash Like 2014? Investigate! #2

in #bitcoin7 years ago (edited)

Remark: This is crazy! Somehow the bull still continue returning - yet it shouldn't be conceivable! Ordinarily we would go down.

In the first place investigate the MACD, how the bulls figure out how to dismiss bearish MACD crosses in the most recent seconds without fail!

Some way or another the bulls dragged the cost up once more, and have now influenced a bull to hail, which is a bullish example, which predicts that we would have a lofty uptrend!

In any case, Yet.. Once more. Be watchful. Once more. 2 reasons.

  1. We have The RSI 60 protection and a great deal of protection at 9,300 USD

  2. Investigate the RSI. RSI is making higher highs, while the cost is making lower highs. That is Concealed Bearish Disparity (CLASS B) a continuation design, which implies we typically should proceed go down.

Yet, once more. The bulls have shocked us such huge numbers of times previously. Still no exchanging zone, folks.

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