


cryptoJimbo
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since Jul 21, 2017
bitcoin
cryptocurrency
economiccycle
indicator
oscillator
rsi_divergence
rsidivergence
rsi_overbought
trendanalysis
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This is a work in progress. I am not trading off this idea (yet); I'm waiting to see whether it develops as I expect in the future to make sure I'm not seeing patterns where there are none. Spotting highs: Teal lines = bearish divergence. This is where the RSI chart diverges from (does the opposite of) the price chart. Basically: price goes up, while RSI...
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Crypto Charting Exercise: An interesting method to spot "tops" for Bitcoin 1 Day $BTC chart in Log view. Add RSI indicator. Look for "RSI Divergence" = Where the RSI Chart does the opposite of (diverges from) the price chart. I drew lines from daily close. Spot a juicy pattern?
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