Tastemaker

A Bitcoin Bear Scenario

BITSTAMP:BTCUSD   比特幣
With the consensus occurring and everyone feeling so bullish, I'll be a contrarian with this bearish scenario. Note how quickly the 4 hr RSI has risen compared to price during this last bounce, setting up a bearish divergence that could lead into a familiar pattern. Also, note how similar the fractals look from the last rise/fall when compared to this one. Trade safe.
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