millert25

millert25

Hey everyone, just wanted to give my thoughts on my short term bitcoin outlook this evening. In looking at the hourly chart we can see that price is playing off of a downward trendline I've marked on RSI. I expect it to bump off of it again before we continue downwards. If we break through the trendline I would expect some upwards movement into the $5500 range,...

millert25

I just wanted to make a real quick post and say I'm happy to see Bitcoin heading in the right direction but that I think it will be short lived. You can see strong divergence on RSI and MACD on the 1 hour chart. I haven't done any posts like this before so I'm learning as I go but just wanted to throw this out there to see how this works.