Bitcoin Trading Divergence Example

Divergence trading has two setups and these are bullish & bearish divergence set-ups. For each of these bitcoin trading setups there is also classic divergence and hidden divergence, these bitcoin trading setups are explained below.

RSI indicator is one of the oftenly used divergence technical indicator. This btcusd indicator is an oscillator similar to the RSI & it can be used to trade divergence setups just the same way as the RSI indicator.

RSI Bitcoin Divergence Example

RSI Bitcoin Indicator Divergence Example

RSI Divergence Cryptocurrency Technical Indicator

Classic RSI Bullish Bitcoin Trading Divergence Setup

RSI classic bullish divergence occurs when bitcoin price is forming lower lows ( LL ), but the RSI technical indicator is forming higher lows ( HL ).

Bitcoin Trading Classic Bullish Divergence - RSI Bitcoin Divergence Examples

RSI classic bullish divergence setup warns of a possible change in the bitcoin trend from down to up. This is because even though the bitcoin price went lower the volume of sellers who pushed the bitcoin price lower was less as shown by the RSI technical technical indicator. This is an technical indicator of the underlying weakness of the downward trend.

Hidden RSI Bullish BTCUSD Trading Divergence Setup

Forms when bitcoin price is forming a higher low ( HL ), but the RSI technical indicator is showing a lower low ( LL ).

RSI hidden bullish divergence occurs when there is a retracement in an upwards cryptocurrency trend.

Crypto Hidden Bullish Divergence - RSI Bitcoin Divergence Examples

This divergence example set-up confirms that a retracement move is complete. This RSI divergence setup indicates underlying strength of an upward cryptocurrency trend.

RSI Divergence Cryptocurrency Technical Indicator

Hidden RSI Bearish Bitcoin Trading Divergence Setup

Forms when bitcoin price is forming a lower high ( LH ), but the oscillator technical indicator is showing a higher high ( HH ).

Hidden bearish divergence set-up forms when there's a retracement in a downward cryptocurrency trend.

Crypto Trading Hidden Bearish Divergence - RSI Bitcoin Divergence Examples

This divergence example set-up confirms that a retracement move is complete. This divergence indicates underlying strength of a downwards cryptocurrency trend.

RSI Classic bearish BTCUSD Trading Divergence Setup

RSI classic bearish divergence occurs when bitcoin price is showing a higher high ( HH ), but the RSI technical indicator is forming a lower high ( LH ).

Crypto Classic Bearish Divergence - RSI Bitcoin Divergence Examples

RSI Classic bearish divergence warns of a possible change in bitcoin trend from up to down. This is because even though the bitcoin trading price went higher the volume of buyers who pushed the bitcoin price higher was less as shown by the RSI technical technical indicator. This is an technical indicator of the underlying weakness of the upward trend.