Dow went up higher than I expected yesterday, but now I see clear distribution and a failed low volume rally past resistance for higher price action. What happens next is a break of support, retest and then mark down.
I'm going to call top here. Big time bear divergent. Overnight futures hyped up the open today. Shorts are getting filled as close to 26k as folks are willing to spend. Short it in my opinion. Feel free to make this idea yours, have some indicators you'll probably find extremely profitable.
First off, I would click the megaphone and hit make it yours so your chart will match mine.
I've put quite a bit of time studying various methods and indicators. These are what I trade with day in and day out. If you just used the indicators at the bottom, you would be a successful trader with proper risk management. In ranging markets when the Shaff trend line...
Ramblings from a monkey with a phone. The story is in the chart. Hit the share button and make it yours to scroll through the timeline. Feel free to follow me on twitter. I post stuff from time to time.
Appears bears are in major control as another low volume bull rally has hit as far as the market makers will allow. With trend line being defended, kumo twist on the daily not even being tested, top of 12 hour cloud pierced but pushed back under. I see no bullish foreseeable future for BTC unless a few million market buys hit at this level we're at now.