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AstralTrades
May 12, 2021 4:07 AM

Bullish Hidden Divergence Long

Bitcoin / U.S. dollarBitstamp

Description

One last dip to long term support line before it rips to new all time highs!
Comments
SmallDoseOfCrypto
Bearish Divergence - Higher highs, rsi lower highs
Bullish - lower lows, rsi higher lows
AstralTrades
@SmallDoseOfCrypto, Look up Hidden Divergences ;)

Bullish Hidden - Higher Highs + RSI Lower Lows
Bearish Hidden - Lower Highs + RSI Higher Highs

Both suggest trend continuations; what you listed out suggests trend reversal.
Durbtrade
@AstralTrades, can't blame him for commenting when you draw a line signifying higher lows of price (your line is below the price, and angled upward)
as well as lines signifying lower oscillator highs (lines on the top of the oscillators angled downward).

AstralTrades
@Durbtrade, Yes, the lines I drew for MADC and RSI should have been below the oscillators.
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