RSI Bitcoin Trading Classic Bullish Divergence and Bitcoin Trading Classic Bearish Divergence Bitcoin Trading Setups

Bitcoin classic divergence is used as a possible sign for a bitcoin trend reversal. Classic cryptocurrency trading divergence setup is used when looking for an area where btcusd price could reverse and start going in the opposite direction. For this reason bitcoin classic divergence is used as a low risk entry method and also as an accurate way of exit out of a bitcoin trade.

• Classic cryptocurrency trading divergence is a low risk method to sell near the top or buy near the bottom of a cryptocurrency market trend, this makes the risk on your cryptocurrency trades are very small relative to the potential reward.

• Classic cryptocurrency trading divergence is used to predict the optimum point at which to exit a bitcoin trade

There are two different types of RSI Classic cryptocurrency trading divergence trading setups:

1. Bitcoin Trading Classic Bullish Divergence Setup
2. Bitcoin Trading Classic Bearish Divergence Setup

Classic Cryptocurrency Bullish Divergence

Classic bitcoin trading bullish divergence occurs when btcusd price is making lower lows (LL), but the oscillator is making higher lows (HL).

Classic Cryptocurrency Bullish Divergence - RSI Bitcoin Trading Strategies

Classic bullish cryptocurrency trading divergence warns of a possible change in the btcusd trading market bitcoin trend from down to up. This is because even though the btcusd price went lower the volume of sellers that pushed the btcusd price lower was less as illustrated by the RSI cryptocurrency indicator. This indicates underlying weakness of the downward cryptocurrency trend.

Classic Bitcoin bearish divergence

Classic bitcoin trading bearish divergence occurs when btcusd price is making a higher high (HH), but the oscillator is lower high (LH).

Bitcoin Trading Classic Bearish Divergence Bitcoin Trading with RSI Bitcoin Indicator Strategies

Classic bitcoin trading bearish divergence warns of a possible change in the bitcoin trend from up to down. This is because even though the btcusd price went higher the volume of buyers that pushed the btcusd price higher was less as illustrated by the RSI cryptocurrency indicator. This indicates underlying weakness of the upward cryptocurrency trend.