TradingView
zendaddy
Feb 21, 2018 5:16 PM

Bitcoin and other cryptos are still in a downtrend 

Bitcoin / DollarBitfinex

Description

I'm a crypto bull long-term. But I'm learning not to fight the trend. Bitcoin is still in a downtrend. Clearly, there was good profit between 6000ish and 11,700ish levels. Be cautious with your trading until the downtrend is broken and a new uptrend is established. Also note the negative divergence on the RSI as a signal of the last 3 major downturns.
More