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nexustyz
Feb 12, 2018 1:48 AM

Hidden bearish divergence XRP/USD 做空

XRP / DollarBitfinex

描述

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
评论
BeefStew
XRP/BTC? you are using the XRP/USD chart.
nexustyz
@BeefStew, it was not clear, it was a reference to my XRPBTC chart
lumanga
There are a LOT OF GOOD Market news about XRP, aren't there?
BUT I don't see the RUN start...
DELPHIN2M
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.
nexustyz
@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
nexustyz
@nexustyz, lower high, higher high* sorry
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