Diamond9696

the reason i think like this

BITSTAMP:BTCUSD   Bitcoin
just because the supply use less time to put the price down (8bars 8 hours)
in the other hand the demand use more time to go back to the highest level (32bars 32 hours)
i mean supply use time less than demand use to put the price
so the demand is weaken and can spot at the volume is decreasing meaning that the demand does not hurry to put the price up
(i compare the whole cycle from peak to though and though to peak which is the same price)
so i recommend wait and see
and I strongly recommend that trend persist until it has been proved to be not in that trend
if they will go from up to sideway
not up to down like newbee like to this
it take time to change not up then down like that
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