CCI Bitcoin Trade Divergence BTCUSD Indicator Bitcoin Trading
CCI indicator is one of the oftenly used divergence indicator. This bitcoin indicator is an oscillator trading similar to the RSI and it can be used to trade divergence just the same way as the RSI.
CCI BTCUSD Analysis & Commodity Channel Index Signals
Commodity Channel Index measures the variation of a commodity bitcoin price from its statistical mean ( statistical average ).
CCI indicator is an oscillator which oscillates between high areas & low levels
When the CCI is high it displays that bitcoin price is unusually high when it's compared to its average.
When the CCI is low it shows that bitcoin price is unusually low when it's compared and analyzed to its average.
CCI BTCUSD Divergence Bitcoin Indicator BTCUSD Trading
CCI Bitcoin Trade Divergence BTCUSD Indicator Bitcoin Trading
CCI Divergence Indicator BTCUSD CryptoCurrency Trading
Classic CCI Bullish BTCUSD Divergence
CCI classic bullish divergence setup occurs when bitcoin price is making/forming lower lows ( LL ), but the Commodity Channel Index CCI indicator is making higher lows ( HL ).
Bitcoin Classic Bullish Divergence - Commodities Channel Index Divergence Indicator Trading
CCI indicator classic bullish divergence warns of a possible change in the bitcoin trend from down to up. This is because even though the bitcoin market price went lower the volume of the sellers who pushed the bitcoin price lower was less like displayed & illustrated by the CCI indicator. This is an indicator of the underlying weakness of the downwards trend.
Hidden CCI Bullish Bitcoin Trade Divergence
Forms when bitcoin price is forming a higher low ( HL ), but the Commodity Channel Index CCI trading indicator is showing a lower low ( LL ).
CCI hidden bullish divergence forms when there is a price retracement in an upwards trend.
Bitcoin Hidden Bullish Divergence - Commodities Channel Index Divergence Indicator Trading
This setup confirms that a retracement move is complete. This Commodity Channel Index divergence shows under-lying power of an upward trend.
CCI Divergence Indicator BTC USD CryptoCurrency Trading
Hidden CCI Bearish BTCUSD Divergence
Forms when bitcoin cryptocurrency price is forming/making a lower high ( LH ), but oscillator technical indicator is showing a higher high ( HH ).
Hidden bearish divergence forms when there's a retracement in a downward trend.
Bitcoin Trade Hidden Bearish Divergence - Commodities Channel Index Divergence Indicator Trading
This setup confirms that a retracement move is complete/exhausted. This divergence indicates strength of a downward trend.
CCI Classic bearish BTCUSD Divergence
CCI classic bearish divergence occurs when bitcoin price is showing a higher high ( HH ), but the CCI indicator is forming lower high ( LH ).
Bitcoin Classic Bearish Divergence - Commodities Channel Index Divergence Indicator Trading
CCI indicator classic bearish divergence warns of a possible change in the bitcoin trend from up to down. This is because even though the bitcoin market price went higher the volume of the buyers who pushed the bitcoin price higher was less as shown by the CCI indicator. This is an indicator of the under-lying weakness of the upward trend.
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