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steve.elliott

I see no bull flag - I see down signals

Bitcoin (BITFINEX:BTCUSD)  
steve.elliott  
BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis BTCUSD
12
3
trendanalysis chartpattern waveanalysis btcusd
1 hour MACD and RSI divergence.
This doesn't look bullish to me. I think she will drop before she goes up.

For clarity, I am long on bitcoin, but I think that this is setting up for a new drop down. News can change it but that's what it looks like to me based on the chart.
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