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South_Capital
Sep 15, 2018 6:57 PM

A correction's week Short

Bitcoin / DollarBitfinex

Description

Again, slack uptrend is going to finish. Factors confirming this idea are following:

- pullback after 50% mediane is 38% fibo (on chart)
- MACD divergence
- RSI divergence

It's too early to say how long in price and time the downtrend will be, but after one more high on BTCUSD you should take away all positions and start looking for SHORTS.

Additional downtrend confirming will price moving out from existing channel since 12th September.

Cryptotraders hold on! We will reverse on market during next month till NEW YEAR eve. I'll give you actual information about.
Comments
maayas
how long do u think it vl last?
South_Capital
@maayas, we'll will the decline till 19-23 september...then we need to wait. I'm sure the year's end will awesome for LONG.
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