jomplox
Long

Divergence + Breakout Moe

BTCE:BTCUSD   Bitcoin / U.S. Dollar
264 2 0
My recommendation is to monitor momentum using StochRSI or other tool of your choice to keep sudden reversals in check.

Safe strategy: Wait for Breakout Moe             confirmation, open long position.
Risky strategy: Open long position immediately and monitor closely for any surprise reversals.

NOTE: Divergence in the M15 scale is even larger making for better odds.
Why use BTC/USD on BTC-e ? It's a lagging indicator. Either Gox or BTCChina imo
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jomplox flibbr
Thank you for your advice, I'll take it into account for my next published idea.
Divergence is present as well in the M30 scale @ BTCCHINA. As for the Breakout Moe it is also present in an earlier stage. Investors please take this into consideration.

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