Bitcoin run to 10600?! [BTC/USD]

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin looks like it could have a small bounce to the 10600 region?!
  • Bullish divergence RSI
  • MACD is crossing to become neutral
  • Longest leg of the move showing the acceleration to downside may cause a bounce.
  • R/R ratio is too good to pass up.
In terms of momentum this trade is risky, as everything is neutral bearish , but with a divergence and a smallish stagnant period it could be the one.

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Aug 14
Trade closed: stop reached: Stop hit, momentum carried it forth and the divergence didn't prevail.
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