PentarhUdi
Short

Bearish divergences on daily

BITSTAMP:BTCUSD   Bitcoin / Dollar
1269 4 18
Two legible divergences on macd and rsi may be discovered on daily chart .

This may hint a short term correction. The correction may drop down to a strong support at weekly MA20 (640-660).
Any update?
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PentarhUdi Gainbtc
@Gainbtc, divergences still on track. In a case they will trigger correction - strong support at 660. In other hand price is floating on edge of giant cup and handle break up.
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So back to your triangle pattern instead of C&H?
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PentarhUdi Johnsdad
@Johnsdad, I dunno so far
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