im pretty sure that eth/usd is showing hidden bearish divergence hear hinting at a continuation to the downside. Can you guys verify that for me? I know there was bullish divergence but price failed to make a higher high while oscillators did.
-If anyone knows when or how to verify when a hidden divergence is confirmed on rsi, let me know. I wasn't able to find a clear answer. I know regular divergences confirm on the swing failure break and i believe we can use the cross and/or break below overbought on stoch to confirm but i'm not sure on RSI
- just looking through charts, the strike rate on the hidden bear divs on the 1d timeframe seem to be fairly high. Has anyone had successes or failures trading them?
-If anyone knows when or how to verify when a hidden divergence is confirmed on rsi, let me know. I wasn't able to find a clear answer. I know regular divergences confirm on the swing failure break and i believe we can use the cross and/or break below overbought on stoch to confirm but i'm not sure on RSI
- just looking through charts, the strike rate on the hidden bear divs on the 1d timeframe seem to be fairly high. Has anyone had successes or failures trading them?
Comment:
This one seemed to have been validated.