bitcoin hidden bullish divergence in play Длинная

BTCUSD-0.01Coinbase

Описание

⋅ 26 янв 2020 г., 20:53

Bitcoin is forming a hidden bullish divergence on the rsi.
It is likely to resume the uptrend from here.

Can read the divergence as: Selling got absorbed without moving the price to a new low, means that bulls took control over the price.

Комментарий

⋅ 28 янв 2020 г., 11:51

There was so much energy in the divergence that the price moved above the daily ma200.

Комментарий

⋅ 31 янв 2020 г., 11:44

the divergence trade is completed, i expect btc to consolidate for some time and then move higher

Trend Analysis

Комментарии

schaffi2

⋅ 26 янв 2020 г., 21:23

Your first divergence was a bullish one, but your second divergence is a bearish one. Ask the internet. So the result should be a falling in price in future.

koryu

⋅ 26 янв 2020 г., 21:23

@schaffi2, nope its a hidden bullish divergence

schaffi2

⋅ 26 янв 2020 г., 21:39

@koryu, checked again and you‘re right. Bullish div. So the price should go up.

koryu

⋅ 26 янв 2020 г., 21:40

@schaffi2, thats the reason why its called "hidden" :) it seems confusing first.

schaffi2

⋅ 26 янв 2020 г., 21:41

@koryu, right!

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