Bitcoin bearish Divergence Short

Bitcoin / DollarBitfinex

Description

⋅ May 5, 2018 3:31 PM

As you can see that even there is an increase in price, there is no increase in Volume creating a Bearish Divergence

⋅ May 6, 2018 12:53 PM

Bitcoin made a rising wedge pattern which is bullish so i had to close my short position early