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W3rN0tAl0n3

Notice Stochastic and Money Flow indicators on Daily

Short
Bitcoin (BITFINEX:BTCUSD)  
W3rN0tAl0n3 Updated   
BITFINEX:BTCUSD   Bitcoin
Trend Analysis
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trendanalysis
If you look at Daily Stochastic (circled) you can see a cross below the 80, again, and since it hasn't been down to touch the bottom in over a month, this almost always predicts a coming drop off. Also, the MFI indicator is now in oversold conditions on the daily as well, a fairly potent signal on this time-frame. Does this mean a guaranteed drop? No. Does this mean a big drop is more than likely? Yes. Just something to watch. Good luck.
Comment:
MFI is "OVERBOUGHT", sorry, I wrote the opposite originally.
Comment:
SEE? :-) I told you so..more DUMPING to come.
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