W.D._Goon
Long

Bag divergence

BITSTAMP:BTCUSD   Bitcoin / Dollar
137 3 2
Although I'm not betting against this downtrend, there's strong bag divergence in the Chaikin, so I'm not suprised if this makes a wave attempt at the high 200s again

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W.D._Goon
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W.D._Goon about DXY 2 2 years ago
ditz PRO
2 years ago
But wasn't the last time we saw this same divergence pattern immediate prior to the massive drop begin Jan?
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W.D._Goon ditz
2 years ago
We had a spike before Christmas cause we crossed the 0-line upwards before we resumed dumping. This time around the base is higher and we're currently above 0-line, also there's been divergence since March 18. It's something to keep an eye on :)
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ditz PRO W.D._Goon
2 years ago
Thanks, I had also been considering it might rally but less so now with low volumes and bearish shift in order book (BFX)
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