MaxMotives68

NANO Early Buy Indicator

BINANCE:NANOBTC   NANO / Bitcoin
There appears to be a divergence forming on the 15m RSI which may indicate the bears are starting to tire out. Wait for a move above the 50 EMA for confirmation. DYOR!
Well you did the bottom divergence wrong sort of should have end of yellow line at next point where it hits the line haha the other one already caused a divergence which you see on the screen
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DigitalData DigitalData
@MaxMotives68 yellow should have ended at the green doji
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MaxMotives68 DigitalData
@DigitalData, Yeah, not sure what your talking about. Do you know what a divergence is? Price and Strength divergence means that a lower low in price but a higher low in RSI and vice versa. Anyway, it went the way I said it would.
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DigitalData MaxMotives68
@MaxMotives68, Thats because it was a continuation after the original divergence. you did it wrong on your RSI chart my friend, but think what you want lol.
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DigitalData DigitalData
@MaxMotives68 the green part that went up on 2/15 6:15 was the only thing you predicted. After that you had nothing predicted. The next yellow bottom line on your RSI should have been drawn from 2/15 6:15 to 2/15 14:15 as it was a continuation on a bullish divergence. You have to redo it every single time. Just trying to help you out because if you would have bet big on your first prediction it could have very easily gone the other way, however the overall coin was going up. So basically you should have drug the bottom yellow rsi lower oscillator to the 14:15 mark green doji candle which then would have predicted then next divergence (again). Then yes you would have been correct twice.
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DigitalData DigitalData
@MaxMotives68 Basically every singe time the oscillator officially changes direction after small or large divergence you have to start and redo it from that point aka why you would wait till the end of one to make a prediction not half way through one.
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DigitalData DigitalData
and yeah its called a "divergence" in a sense the price and oscillators are diverging either A) same direction or B) diverging away from one another (typically hidden divergences)
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MaxMotives68 DigitalData
@DigitalData, You're going to have to show me because I'm not making any sense out of what you're saying. You sure the charts have the same setting? I don't have a green doji at the 14:14 mark on 2/15 so I think our chart settings may be different. Also, I've been doing this for more than a day (just not on tradeview) so I kinda know what I'm talking about but hey, thanks for comments.
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DigitalData MaxMotives68
ill post it
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