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Fida4u
Mar 24, 2018 8:59 PM

Careful !! 

Bitcoin / DollarBitfinex

Description

Although the Rsi is not oversold on the hourly, its pointing down with some bearish divergence. EOM is near 0, there isnt any volume buying, although ive heard thats normal when forming the right shoulder of an inverse head and shoulders. Still the volume is too low for me, coupled with the bearish divergence and the bad history for btc at these levels, ill pick another battle to jump into. Also historically March Sucks, April is better. Just my thoughts, could very well be wrong.
Comments
Trix0621
thanks! i was thinking the same thing but wanted to be sure. shorted the top man!
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