BTC Analysis Mashup: you guessed it: still bearish
As I said in the comment on my previous post yesterday, the thin trend line that formed didn't hold, and there was no reason for it to do so. So still not buying. Just enjoy the weekend.
WARNING! trading is a very risky thing! Don't take this as an investment advise: it is likely to be wrong and you will probably lose money if you take this seriously. If you do lose money, don't blame me or anybody else commenting, because in the end is your choice.
This downtrend had been always the same sequence: heavy down, pause, down pause, up... restart. Right now the heavy down, pause, up happened... but the next down stopped short... and the AO is positive in the 2h scale. Still needs to stay over zero for some time to confirm. In about 10 hours I'll right tomorrow mashup and we're still see.