TradingView
mozalin.cranz
Apr 17, 2015 9:41 AM
RSI divergence
Long
BITFINEX:BTCUSD
60
Bitcoin / Dollar
Bitfinex
Description
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Apr 17, 2015 9:41 AM
Hidden bullish divergence.
Comments
ChartArt
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Apr 17, 2015 4:47 PM
Usually it's bullish for the price when the divergence is positive on the RSI and not on the price itself, At least that is how I read the RSI.
ChartArt
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Apr 17, 2015 4:48 PM
So in this case I see a bearish divergence.
mozalin.cranz
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Apr 17, 2015 5:42 PM
This price action is a textbook case of the hidden divergence. Here is more explanation.
tinyurl.com/pp6lcxy
ChartArt
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Apr 17, 2015 6:47 PM
Thank you for sharing the link, I will read it (I don't understand why you used a short URL for
babypips.com/school/high-school/trading-divergences/divergence-cheat-sheet.html)
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