Post
Topic
Board Speculation
Re: update: 11/30/2015
by
MatTheCat
on 30/11/2015, 10:53:56 UTC
New week, new money flowing in. On our way to $400.



Strong buy and sell signals on the simple moving average (12h).

(BITCOIN PRICE INDEX $376.57)

Does the steadily increasing bearish divergence on 1hr and 4hr charts not concern you?

https://www.tradingview.com/x/a8zjxHmI/

If Bitcoin is going to get to $400 on this move, then it is going to require a shit ton of retail investors stupid enough to gobble up $380+ sell walls, only to run into a barrage of selling pressure around $400 mark.