same type wedge formed with bearish divergence at 4500 when it hit the trend line last time, this is steeper wedge up. MACD was on board then, however once MACD does turn it should look similar.
BrandonTao
⋅
feels like a trap. not only bull trap, but also a man made trap. So much huge amount hidden sell around 4000 on the Bitfinex. Big players are doing short selling?
jlhequities
⋅
@BrandonTao, I'm certainly not buying if Im a big player. If Im not buying then Im selling. To quote Larry Liverpool " If I aint long, I might as well be short"
@Torg911,in Bitfinex. Yesterday has a lot of huge amount hidden asks around 4050-4100, thats why it can't go above 4070 at first. Today, from 3970 to 4100 have a 150 btcs asks waiting every 10 bucks steps and also many hidden asks.