As you can see, my last post played out, hope you all made profit on it.
Here is what I was chatting about earlier, massive Hidden Bear Divergence on the Daily BTC/USD Chart.
Opposite to regular divergence, hidden divergence is indicative of a trend continuation, not reversal and that’s why we look for hidden divergence in a downtrend.
The Hidden Divergence is considered stronger than regular divergence for the fact that it is indicative of trend continuation and it is always safer to go with the trend for a high probability trade.
Last time we had a Hidden Bear Divergence was last June 2017 and price cut by 40%.
Never be married to Long or Short sentiment, use accurate chart analysis & win!
Price must rise above 12.1K, which is the candle in line with the LOWER HIGH SRSI.