Bitcoin ready to jump?

in cryptocurrency •  7 years ago 

Screenshot_2018-01-27-17-03-15.png

MACD on the 1 day is about to cross into positive territory again. It would only be a start out of the bear move of the last few days, but perhaps traders will take it as a point for a short pump.

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Below with some annotations to express my thoughts more clear:

  • divergence between price bottoms and MACD bottoms
  • MACD lines about to cross

1d Bitcoin chart Bitcoinwisdom 27 January 2018