As you can see on the MACD, a crossover occured showing signs of an uptrend. Guess what - an uptrend did occur. Use the MACD!!! Also, if you had looked at the RSI a few minutes beforehand, you would have seen that it was at about 30-40, which COULD (not should) signs of going long! If that does not work for you, go for time frames such as 4H to see if your theory is correct!
Here is what I will be following at the moment in BTCUSD
VentureBroker
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@VincePrince, I agree a short could be imminent and could be the reason why people could make hundreds of thousands of dollars, I am deffinetely going to take this into accouunt into my next trade. Great work.
VentureBroker
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However, please understand there is still always risk when trading!