nexustyz
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Hidden bearish divergence XRP/USD

BITFINEX:XRPUSD   瑞波币/美元
It confirms my idea in XRP/BTC that the bearish trend seems to not be in reversal yet. We could see a retest of the previous support
There are a LOT OF GOOD Market news about XRP, aren't there?
BUT I don't see the RUN start...
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Im pretty sure on a downtrend you compare bottoms, and im pretty sure the price just showed two lower bottoms while the RSI showed two higher bottoms, which is a classic bullish divergence.
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nexustyz DELPHIN2M
@DELPHIN2M, during retracements in a downtrend you can use hidden divergence which show a lower low in price but higher price in indicator so a hidden bearish divergence in this case.
We should wait to see if XRP succeed in breaking the trend line + the 1st resistance, I'll become bullish in this case
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nexustyz nexustyz
@nexustyz, lower high, higher high* sorry
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XRP/BTC? you are using the XRP/USD chart.
+2 回复
nexustyz BeefStew
@BeefStew, it was not clear, it was a reference to my XRPBTC chart
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