Bitcoinblue

Bitcoinblue

Possible bear flag forming on the 4h chart. I just recognize it as I earlier interpreted it as a rising wedge. Both signals are bearish, though we are sill in a uptrend. I have seen it more often that in weekend the price slightly rise and Sunday around evening (UTC+1) there is a dump. This is just something I've noticed, what do you guys think about it ?...

Bitcoinblue

As well as the the pink and green line indicating a bearish divergence. I truly believe we are going to see new highs soon although I have the feeling we will see a correction first. What do you guys think ?

Bitcoinblue

Bearish divergence developing on the 1h timeframe. Short term bearish, mid term bullish.

Bitcoinblue

Bitcoin momentum going down on 4h chart testing support again.

Bitcoinblue Updated 

Last time we where this overbought was October 2016, he start of he bull-run. I don't believe we are at a start of a bull run, yet!