Okay, so this is not Bitcoin (har, har) but the reason I did this was I was curious as to what my other investments were doing. As it turns out there was a very clear trend channel that formed while I wasn't looking for I think 2 years (yeah, set and forget investment LOL).
StochRSI divergence means there is going to soon be some type of break in the trend it will go down soon.
ATR has typically been peaking when the prices peaks. The latest dip showed that as ATR went up price followed. The trend looks like it could continue but I expect StochRSI to go OS (OVERSOLD) in the next round.
I didn't think about posting this chart but once I posted it on social media I saw that StochRSI and very clear divergence as well. Granted this won't get viewed at all but it amazes me how much slower things move in stocks and ETFs.
StochRSI divergence means there is going to soon be some type of break in the trend it will go down soon.
ATR has typically been peaking when the prices peaks. The latest dip showed that as ATR went up price followed. The trend looks like it could continue but I expect StochRSI to go OS (OVERSOLD) in the next round.
I didn't think about posting this chart but once I posted it on social media I saw that StochRSI and very clear divergence as well. Granted this won't get viewed at all but it amazes me how much slower things move in stocks and ETFs.
