globuglobu

BTC weekly downside

Short
BITSTAMP:BTCUSD   Bitcoin
same chart on the weekly this time, and instead of the macdaddy we have the awesome oscilator which is some sort of science that also can help determin momentum. and from the most basic look at things it seems like there is a bit of divergence between what we see in the chart and what the indicator is showing us. looks like there was less buying pressure than expected, most likely algos looking to hit that level turn it into resistance, and we continue downward for the time being.
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