BTC diverging indicators

2018年1月6日

Bitcoin made a decent rise today to just over 17K at this writing, but widening divergence on RSI and custom range indicators make it look like it's still in a sideways range pattern. It just completed a major move, and if it does not close much higher today, the highs will line up suspiciously at the same angle (logarithmic) as the highs during the 2013-2014's downtrend. Wherever it goes, timing says shorts should start covering around the 9th-13th.

2018年1月12日

註釋

So, it managed to hit the target. News making people think it will continue on down. Might be able to catch a bounce, if the trading platform doesn't get destroyed by lag. Probably should stay out of the market a while longer...

2018年1月17日

註釋

Still in play.

2018年1月17日

註釋

Note hovering around yellow trend line with breaks up and down. Not buying it unless it gets far away from that line (either direction).