Quartz-

BTC 1 hour - upwards momentum slowing down

BITFINEX:BTCUSD   Bitcoin
Price could still drive up, stall, or take a severe dip. Currently it seems like there is still some upwards movement left on the indicators, nearest point is 2.5 % up. At this point take a strong look at where things are. I don't have the divergences marked, however, look at the 1 hour and 4 hour, you should see them. Price is already in a triple 1 hour divergence. If it goes even higher, price will be at the Daily divergence set-up (price point back around Oct 27 ish). My Current Outlook: short term bullish ... long term bearish
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