danielmpowell3

danielmpowell3

got stopped out of my long position in at $7700 moved my stop up tight to $8950 after the break of 9k general trend is still bearish, going to hang on to a couple thousand $ of btc to see what happens

danielmpowell3

price making higher highs and macd with bearish divergence and RSI flat lined

danielmpowell3

cointelegraph.com looks like the seeds are being planted for more main stream investor adoption

danielmpowell3 Updated 

Everyone is bearish on balance of probabilities we have another leg down But I'm keeping my eye open for small bullish signals The RSI and MACD divergence is not very strong but still there I wouldn't recommend trading on these technical's, just pointing it out for those curious ones Nailing the bottom of this big drop is going to be tough, so I'm opening a...

danielmpowell3

thought i'd point out the divergence on the 15 min chart I dont drill down to these lower time frames very often,

danielmpowell3

4 hour btc rsi bear divergence

danielmpowell3

Looking for the re-test of 6k Sitting in cash Interestingly enough, the bearish rsi doesn't show up on the 4 hour regular candles

danielmpowell3

Expertly drawn graph clearly depicts history is repeating itself I am in cash waiting for next leg down Will scale in under 7k Deep lure set for 5.5k More ammo is left if needed