Bitcoin not crashing yet. Hold on your short!

14 thg 1, 2021

Hello! In this video you will find detailed explanation on Bitcoin forecast before crash.
This video featuring analysis for 4 indicators:
- MACD
- RSI
- Moving Averages
- Stochastic RSI

1 of 4 have bearish signals, so be careful before shorting.

Here is indicators setup picture:

If you find it useful Likes and Shares are welcome
Best regards
Artem Shevelev

15 thg 1, 2021

Bình luận

Divergence Trading Patterns
The name of this pattern speaks of its character. We have a divergence when the price movement is contrary to the indicator movement. This type of Regular Divergence pattern comes in two forms:
Bearish Divergence
This is when price creates higher tops on the chart, while your indicator is giving you lower tops. After a bearish divergence, price usually makes a rapid bearish move. Notice that this happens despite the previous bullish attitude in the price.
Bullish Divergence
The bullish divergence has absolutely the same characteristics as the bearish divergence, but in the opposite direction.  We have a bullish divergence when the price makes lower bottoms on the chart, while your indicator is giving you higher bottoms. After a bullish divergence pattern, we are likely to see a rapid price increase.

However, there is a third kind of a divergence, which does not fall into the regular divergence group. This is the Hidden Divergence pattern.
Hidden Bullish Divergence
We have a hidden bullish divergence when the price has higher bottoms on the chart, while the indicator is showing lower bottoms.
Hidden Bearish Divergence
As you probably guess, this type of divergence has the same character as the hidden bullish divergence, but in the opposite direction. We confirm a hidden bearish divergence when the price is showing lower tops, and the indicator gives higher tops.
The regular divergence pattern is used to forecast an upcoming price reversal. When you spot a regular bullish divergence, you expect the price to cancel its bearish move and to switch to an upward move. When you see a regular bearish divergence, you expect the price to cancel its bullish move and switch to a downward move.
Divergence trading is an extremely effective way to trade markets. The reason for this is divergence formations are a leading signal. This means that the divergence pattern is likely to occur before the actual move. This way, traders are able to anticipate and enter a trade right at the beginning of the new emerging move.