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Viggy
Apr 25, 2017 10:30 PM

BTCUSD near term volatility expected 

Bitcoin / DollarBitfinex

Description

BTC 1h is showing some crazy strong divergences and this move is echoing the last long term move up from Jan - Mar 2017. I am expecting the same sort of volatility spike that happened Feb 6-8 and a fast down move that could touch the 200 DMA at 1160-1180 (on Finex)

Longs closed. Very small short, if I do.
Comments
jbluebs
Broke resistance..still short?
Viggy
@darknight1818, Yea, too close to a longer resistance for me to want to switch yet. Been positioning better over the moves up and down.

This seems like a fake out to me.
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