Trade Bitcoin Trading

RSI Bitcoin Classic Bullish Divergence & Bitcoin Trade Classic Bearish Divergence Bitcoin Trade Setups

Online traders use bitcoin classic divergence as a possible sign that a bitcoin trend might change direction. The classic cryptocurrency trade divergence setup is used when looking for a place where the bitcoin trading price could change direction and start going the opposite way. Because of this, the bitcoin classic divergence setup is used as a way to enter with low risk and also as a good way to exit a bitcoin trade.

  • Classic cryptocurrency trade divergence is a low risk method to sell near the top or buy near the bottom of a market trend, this makes the risks on your cryptocurrency trade positions are very small relative to the potential reward.
  • Classic divergence setup is used to predict the optimum ideal point at which to exit a bitcoin trade

There are 2 different types of RSI Classic divergence setups:

  1. BTCUSD Classic Bullish Divergence Trading Setup
  2. Bitcoin Classic Bearish Divergence Trade Setup

Classic Bullish Divergence Setup

Classic BTCUSD bullish divergence: Price makes lower lows, but oscillator makes higher lows.

Classic Bullish Divergence - RSI Classic Divergence BTCUSD Strategies - RSI Classic Bullish Divergence

Classic Bullish Divergence - RSI Bitcoin Trading Methods

Classic bullish divergence signals a bitcoin trend shift from down to up in BTCUSD. Prices drop, but seller volume fades as shown by the RSI. This points to weakness in the downtrend.

Classic Bitcoin bearish divergence

A classic Bitcoin bearish divergence shows up when price hits a higher high. But the oscillator makes a lower high.

Bitcoin Trade Classic Bearish Divergence Bitcoin Trading with RSI Bitcoin Indicator Strategies

BTCUSD Trade Classic Bearish Divergence Bitcoin Trading with RSI Bitcoin Indicator Methods

A typical btcusd bearish divergence indicates that the trend might change from going up to going down. This happens because even though the bitcoin trading price went up, the number of buyers who made it go up was smaller, as shown by the RSI cryptocurrency indicator. This shows that the upward cryptocurrency trend is actually weak.

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