smilingllama
Short

Bitcoin trend analysis

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Short term, a month or more of downside or sideways action before a trend reversal come October.

Trend indicators shown here, ADX , MACD , and SAR             , all showing that the trend is still bearish . Until i see a crossover on the weekly macd , or the ADX move above 20, then i believe we are going to see further downside before any change in the current bearish trend .
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