Everyone is bearish
on balance of probabilities we have another leg down
But I'm keeping my eye open for small bullish signals
The RSI and MACD divergence is not very strong but still there
I wouldn't recommend trading on these technical's, just pointing it out for those curious ones
Nailing the bottom of this big drop is going to be tough, so I'm opening a small long position here just for laughs
on balance of probabilities we have another leg down
But I'm keeping my eye open for small bullish signals
The RSI and MACD divergence is not very strong but still there
I wouldn't recommend trading on these technical's, just pointing it out for those curious ones
Nailing the bottom of this big drop is going to be tough, so I'm opening a small long position here just for laughs
Comment:
oh... there seams to be a big whale selling on GDAX im noticing large even numbered sell orders. Example 14 btc a couple times, ive noticed those large sell orders back to back. in my humble opinion it appears that a few large whales are trying to drive the price down, and some smaller whales are trying to push it up and the average joe is just freaking out
Comment:
Those of you interested in a conversation about whales painting the charts, Looks like that big i-H&S a few weeks that magic poop head was talking about was a giant bull trap, makes me wonder if the whales are doing the same on the bear side??
Comment:
I just jumped down to the 15m chart, and there is strong bullish RSI divergence