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BTC long: Momentum indicator divergence

BITSTAMP:BTCUSD   Bitcoin / Dollar
1639 2 4
a year ago
1. Price is down 30%
2. OBV is at high

That makes a divergence. Seconded by other momentums like a/d. According to Technical Analysis of Stock Trends, 9th edition, this is extremely bullish .

3. We are still 68% below the 1200 high made 2 years ago. Consider all the new infrastructure developments for bitcoin .

Due to time-position right behind a 2 year bear market, finished rally and finished flash crash, rare opportunity. Margin long up to 10x is safe for this brief window.
a year ago
Trade closed: stop reached: Stoploss breached, trade was closed.
BuyBitcoin.WS
a year ago
ur last chart was the opposite what about this one Lol
Reply
G_Man
a year ago
such troll
Reply
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