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pent (OP)
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January 06, 2012, 05:48:33 AM
 #1
Have some newbie questions.

What does this divergence show? And is this a divergence at all? Chart has 2 days timeframe.
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January 06, 2012, 06:24:56 AM
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It means be ready for a down spike
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January 06, 2012, 06:33:02 AM
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The RSI is bearish, but not overbought.  MACD could inflect up or down from here.  Also consider the slope of the lows after the spike.
https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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January 06, 2012, 07:09:40 AM
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Quote from: Crypt_Current on January 06, 2012, 06:24:56 AM
It means be ready for a down spike

that was it. in a very short term at least
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January 06, 2012, 07:10:13 AM
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Quote from: pent on January 06, 2012, 07:09:40 AM
Quote from: Crypt_Current on January 06, 2012, 06:24:56 AM
It means be ready for a down spike

that was it. in a very short term at least

Yerp.
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