whoisthelorax
Short

Stoch RSI caught the previous BTC dumps early. Watch it.

BITFINEX:BTCUSD   Bitcoin / Dollar
282 3 4
still due for a pullback, even if it is not a LL.

Kommentar: If stoch RSI drops significantly but the price stays within bullish EW count (ahove $9k), I'll view this as a buy signal
Kommentar: Action still very bullish. Stoch rsinmay do a fake out which would bolster the bullish case
Kommentar: Double top at 11.2k

Likely retrace from here

The downtrend lines are all a bit different...looks like bitstamp has it's downtrend line angle anbit more shallow, so the breakout may happen but it will likely hit some resistance on the bitstamp downtrend.
Kommentar:

daily stoch RSI turning midway! good sign! A cross is a buy, IMO.

i already see other indications that we are turning bullish here. I've got buy order at 10k down to 9.6k
can anyone with TA education explain why the daily Stock RSI was bottoming out when BTC was hitting it's blowoff top?
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whoisthelorax whoisthelorax
daily stoch*
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Cryptocamba whoisthelorax
@whoisthelorax, hidden divergence; bearish signal (so I read...)
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