If you didn't read my educational content, you can do it here first: How to making LOT of MONEY - Hunting Divergence
So again: bullish divergence formed in the last 6-7 days.
4 hour chart divergence here:
6 hour chart divergence here:
6 hour chart divergence is a very rare and strong indication of short term trend reversal!
This 4H RSI(20) could be a potential already happened breakout and after this a little pullback enought for me to opening a short term higher margin LONG position:
CONCLUSION
Before entering a trade:
CRITERIA 2/1) : I want to see a higher low after a little pullback or triple bottoming the dotted line.
CRITERIAL 2/2 : This pink line on RSI(20) must to stay valid.
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So again: bullish divergence formed in the last 6-7 days.
4 hour chart divergence here:
6 hour chart divergence here:
6 hour chart divergence is a very rare and strong indication of short term trend reversal!
This 4H RSI(20) could be a potential already happened breakout and after this a little pullback enought for me to opening a short term higher margin LONG position:
CONCLUSION
Before entering a trade:
CRITERIA 2/1) : I want to see a higher low after a little pullback or triple bottoming the dotted line.
CRITERIAL 2/2 : This pink line on RSI(20) must to stay valid.
If you liked this article:
* FOLLOW ME ON TWITTER
* FOLLOW ME ON TRADINGVIEW
* SUBSCRIBE TO MY FREE NEWSLETTER
And you can support me via this signup link if you are looking for the better bitmex: Bybit registration as better BITMEX.
Note
This could be the perfect LONG setup if BTC will achive it. Criterias:
2/1) RSI(20) is consequently uptrend. For example on 4H TF.
2/2) Candles forming another lower or same-level edge.
Then this will be a permabull setup!
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✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Boost up your charts with Options PRO!
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.