chipset
Short

Hidden Bearsih Divergence

BITFINEX:BTCUSD   Bitcoin / Dollar
As you can see, RSI managed swing higher and closed slightly higher than before (Oscillator Higher High), while $BTC price made Lower Highs (LH). It's an indication that market signalled price decline will continue. But remember, it's just a signal. We will need to wait for confirmation. in this case wait for RSI goes to bearish sentiment (below median 50). Specially for this chart, RSI is lower than 40 or 35 indicates the decline continues.

This divergence is invalidated if RSI managed to make higher swing (>60)

I don't think it's the time to make a new long.
Kommentar: forgot to mention, in addition to RSI swing higher than 60, price also swing higher than 12190. then divergence is invalidated
Kommentar:

posted this TA before end year of 2017.
Kommentar: there's no reversal signal so far..
Kommentar: no reversal signal, yet



added green box, our long term support. expect bounce here or if it doesnt hold, bear market is real.

not making any long yet
Kommentar:

perfectly touched green box and bounced. but, it's not a reversal yet. not sure for now. just enjoy the profit
Kommentar:

just updating some key points.. not price action
Kommentar: for me 10336 is the most important level

Kommentar: Market is signalling reversal. I think it's time to watch for exit level of this short

Kommentar: 4H chart is giving bullish divergence.
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden