n3m6
Long

BTC Hidden RSI Divergence

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
We're seeing exhausted weaker bears over the last few days. RSI shows hidden slightly bullish divergence . We could see a retest of 6100 before making a lower higher then a higher high. No confirmation yet though. Wait for a higher low to form.
Order cancelled: RSI closed lower, and bears are still in charge. No reversal yet it seems.

Comment: Daily closed with an engulfing candle, and RSI breaks above. We may see the daily trend upwards for a the next few days.
Comment:

Comments

Agreed. I have seen the same thing as well.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out