TradingView
steve.elliott
Mar 20, 2018 2:07 PM

I see no bull flag - I see down signals 

Bitcoin / DollarBitfinex

Description

1 hour MACD and RSI divergence.
This doesn't look bullish to me. I think she will drop before she goes up.

For clarity, I am long on bitcoin, but I think that this is setting up for a new drop down. News can change it but that's what it looks like to me based on the chart.
Comments
davidvillarreal.sa
Not quite sir
ydanneg
there are couple of the same patterns (bull flag with divergence in the history): 28.02.18, 08.02.18
They all had some minor correction followed by this divergence. but then.. break out.
We have a chance.
But in general i believe BTC will complete it's correction around 3-5K
erolsuleyman
Agree!... we get a couple of hundred rises and suddenly its a breakout to the moon!...... Please zoom out and take another look :-)
More