Divergence Explained
RSI indicator is one of the commonly used divergence trading indicator. This bitcoin crypto indicator is an oscillator similar to the RSI and it can be used to trade divergence setups just the same way as the RSI indicator.
RSI Bitcoin Analysis & RSI Trading Signals
RSI Divergence Indicator
RSI Divergence Trading Indicator
Classic RSI Bullish BTCUSD Divergence Setup
RSI classic bullish divergence setup occurs when bitcoin price is making lower lows (LL), but the RSI indicator is forming higher lows ( HL ).
Bitcoin Classic Bullish Divergence - RSI Divergence Explained
RSI indicator classic bullish divergence setup warns of a possible change in the bitcoin trend from downward to upwards. This is because though the bitcoin market price went lower the volume of the sellers who pushed bitcoin price lower was less as illustrated and shown by the RSI technical indicator. This is an technical indicator of the under-lying weakness of the downwards trend.
Hidden RSI Bullish BTCUSD Crypto Currency Divergence Trading Setup
Forms when bitcoin price is making a higher low (HL), but the RSI indicator is showing a lower low ( LL ).
RSI hidden bullish divergence setup forms when there a price retracement in an upwards cryptocurrency trend.
Crypto Hidden Bullish Divergence - RSI Divergence Explained
This setup confirms that a price retracement move is exhausted. This RSI divergence setup shows under-lying strength of an upwards cryptocurrency trend.
RSI Divergence Trading Indicator
Hidden RSI Bearish BTCUSD Divergence Setup
Forms when bitcoin price is making a lower high (LH), but oscillator technical indicator is showing a higher high ( HH ).
Hidden bearish divergence forms when there is a retracement in a downward cryptocurrency trend.
Crypto Hidden Bearish Divergence - RSI Divergence Explained
This setup confirms that a price retracement move is exhausted. This divergence indicates strength of a downward cryptocurrency trend.
RSI Classic bearish BTCUSD Crypto Currency Divergence Setup
RSI classic bearish divergence setup occurs when bitcoin price is making a higher high (HH), but the RSI indicator is forming a lower high ( LH ).
Crypto Classic Bearish Divergence - RSI Divergence Explained
RSI Classic bearish divergence setup warns of a possible change in the bitcoin trend from upward to downwards. This is because though the bitcoin market price went higher the volume of the buyers who pushed bitcoin price higher was less as illustrated and shown by the RSI technical indicator. This is an technical indicator of the under-lying weakness of the upwards trend.
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