Post
Topic
Board Speculation
Re: TA 101 A, with MatTheCat.
by
RyNinDaCleM
on 20/04/2016, 01:24:50 UTC
A bad start for my very first TA 101 trade idea:



Bitcoin completely confounded everything I think I know about TA, and just fucking exploded up in the face of 'bear this', and 'bear that'.

I see you pointed out the bearish divergence in the MACD histo, but didn't you notice the even larger hidden bullish div in the next wave? That lower low in the histo combined with a higher low in the price indicates that market sellers could not overcome the support in the consolidation level.