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Is Divergence Really Irresistible?

COINBASE:BTCUSD   Bitcoin
Divergence is one of the best technical analysis theories. Although not 100%, a very high probability of profitability is well known.

This idea lists most of the instances of divergence on BTCUSD (Coinbase) since $19892 summit of December 2017 on 2H interval.

Indicators used:
RSI
MACD
9 Seasons Rainbow Multiple Time Frames Pattern PRO

Base Time Frame: 2H, most upper ribbon of "9 Seasons Rainbow"
Longest Time Frame: 90H (3D + 18H), most lower ribbon of "9 Seasons Rainbow"

Instances of Bullish Divergences (Green Arrows)
29 instances, probability of profitability > 85%
Signals:
Blue ascending arrows in RSI & MACD
Blue Ribbons in "9 Seasons Rainbow"

Instances of Bearish Divergences (Red Arrows)
17 instances, probability of profitability > 90%
Signals:
Yellow descending arrows in RSI & MACD
Yellow Ribbons in "9 Seasons Rainbow"

The value of divergence: it is not limited to fixed price and it happens on any Time Frame, when it encounters strong resistance or support.
The downside of divergence: high reward is coming with high risk, when the resistance or support being broken through, a breakout or breakdown may happen. Thus whales can use this to play with the market, with the recent case happened on April 1.

By using "9 Seasons Rainbow" Indicators, traders can monitor Divergence:
Visually
Cross Multiple Time Frames on a single screen, without necessary to change time intervals /sessions
Setting Alerts of divergence on All Time Frames on a click

DISCLAIMER
This is only a personal opinion and does NOT serve as investing advice NOR trading advice.
Please make their own decisions, carefully assess risks and be responsible for your own investing and trading activities.

The arrows and rectangles are added manually according to signals of the indicators.
Hidden Divergence is not included in this idea, because I feel the probability to win is not so high as normal Divergence. May be I don't find the right method to use hidden Divergence.

Message the author for a trial of the indicators.
A Trading Indicator Artisan and JAVA Programmer, dedicated to enhancing traders' productivity.
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