BTCUSD: Beware of the fake out

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
15/75 RSI showing high likelyhood of a fakeout on the MACD . Good opportunity to open a short position in the next 24-48 hours. Don't rule out the possibility that we see more downside.
Mar 22
Comment: Fake out confirmed
Mar 23
Comment: Hammer reversed on the daily, but the 15/75 cross hasn't happened yet. low (daily) volume as well
Mar 27
Comment: it looks like there could be a looming reservsal. probably best to cover out now and wait to see what transpires. that or move the SL to BE
Apr 09
Comment: Another macd fakeout cross over

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