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JonathanKrier

BTCUSD: Beware of the fake out

Short
Bitcoin (BITFINEX:BTCUSD)  
JonathanKrier Updated   
BITFINEX:BTCUSD   Bitcoin
Chart Patterns Technical Indicators Beyond Technical Analysis
3
0
chartpattern indicator beyondta
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.
Comment:
Fake out confirmed
snapshot
Comment:
Hammer reversed on the daily, but the 15/75 cross hasn't happened yet. low (daily) volume as well
snapshot
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
Comment:
Another macd fakeout cross over

snapshot
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