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TradewithLu
Apr 10, 2019 4:33 PM

BTCUSD short Short

Bitcoin / DollarBitfinex

Description

Not financial advice
Comments
Whaleaccount
are you sure that lower low on rsi and higher low on price is called bearish divergence? ;)
TradewithLu
@Whaleaccount, Yes, this is another way that you can see bearish divergence. The most common way to see bearish divergence is when there are lower highs in the RSI while price makes higher highs (this example above shows this), but another way to give you a warning that the market will reverse soon is when RSI makes lower lows, while price makes Higher lows.
Whaleaccount
@Ludggydawg, than how would you define hidden divergence than sir.?
TradewithLu
@Whaleaccount, I let the price action after this analysis speak for itself...
Whaleaccount
@Ludggydawg, thats not the point brother, dont skip this, spend few moments to understand it more deeply and u will become even more accurate. Hidden divs are much stronger than regular ones. Wish u all the best
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