Short position. RSI divergence on 15 mins.
Poor fundamentals currently with Gox going belly up. Not a time for a sustainable bull run.
Channel will likely hold, especially with volume falling off near the top.
Seeing stronger RSI towards the downside, along with the Fisher lows at the same levels making lower lows. Sell volumes increasing as we go further down, indicating the possibility of a full-on panic mode.
To further the point, major support levels such as 800 on stamp and 900 on Gox were cut through with little ...
We have broken out of a sideways channel with a sharp ascent. A bull flag appears to be forming which would be confirmed by breaking RSI trendline, and low volume which would expand soon after BO. Measurements taken into account for a long trade.
Note: When the price range constricts, (use bollinger bands for ...