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KamilReo
May 10, 2018 1:29 PM

Hideen bullish divergence Long

Bitcoin / DollarBitfinex

Description

Hideen bullish divergence
Comments
Astroc
What's your stoploss? Is trade still in tact?
MinoAcc
I see RSI divergence, while BTC/USD doing lower highs. Most trading pages says about this pattern :
This pattern forms at the top of the bull markets (uptrends), and is known as a strong reversal pattern, and usually the price changes its direction and goes down when RSI Divergence forms.

So what convinced you @KamilReo ,that it will go above 10128 USD please ?
KamilReo
@MinoAcc, Bullish divergence is formed, 4 days before NY Consensus event.
MinoAcc
@KamilReo, Thanks, I might got it wrong, price actually doing higher lows, while RSI doing lower lows. Seems you `re right. Let`s see what market will do. Thanks for explanation.
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