dpr0x

Bearish Divergence

BITSTAMP:BTCUSD   Bitcoin / Dollar
We had a nice bounce.

Check the MACD in 15 mins. The bearish divergence might take us down again
Kommentar: the blue line in the chart should be on the higher highs
Kommentar:

now it's also showing in the 30 min chart.

it's just a question of when it will drop, but it will.
I think it will hit 0.618 Fib retracement again. bounce back up
to the 0.786 and then go down again building another H&S pattern

Watch the volume because the 1 hour chart is looking good, but it can change in minutes since everyone is still feeling uneasy
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