nadavhurwitz

MACD Divergence setup- Bitcoin/USD - Short

Short
BITSTAMP:BTCUSD   Bitcoin
This is in continuation of a previous post (linked below).

We have an upwards Wedge with a MACD divergence.
This is a bearish signal.

A downwards break of the wedge could mean the trend might reverse.

Trade levels in previous post.

Please use caution!
As vote counting resumes in the coming hours, volatility might resume.

I know the Bitcoin narrative is bullish in the long run.
Remember that this is a short/medium term trade.

Happy trading:)
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