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Nick_Core
16 Dis 2017 pukul 23.39

₿itcoin Cool Down and Bull Trend Panjang

Bitcoin / DollarBitfinex

Huraian

Seeing some small divergences on the OBV, MACD, and RSI the last push on the Bitstamp BITSTAMP:BTCUSD and Bitfinex BITFINEX:BTCUSD 15 minute. TD count shows a exhaustion cycle coming to an end soon on the 15 minute but exhaustion cycles have been unreliable on ₿TC lately. Hourly and and higher time frames don't show the divergence but do show that a cool down is needed to at least the two local support levels shown on the 15 minute PINK support lines. Volume is your friend to find which one we bounce on so stay glued to it when we approach them.

Bitfinex 15 minute indicators

Bitfinex Hourly

Bitfinex 4 hour



I am expecting a cool down and then a continuance upward. One thing to note is the volume levels have remained on par with the rally as far as the CMF is concerned. We are seeing heavy buying pressure still but do show a minor weakness in strength. I never under estimate ₿itcoin though. 27k by Near Years


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Komen
fificlub
demand remain high, will soar like a bird :) bird of prey
Lebih