Recently there was RSI divergence during Feb 2021- May2021 and we witnessed a great drop in prices . Currently hidden RSI divergence is taking place in daily time frame, so is 20-25k possible for BTC? share your views!!
But a second hidden divergence is bullish, whats your view on that?
TradeHunterrr99
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@w15684640w, hey bud for clarification , When an indicator makes a HIGHER HIGH where as at the same time prices makes a LOWER HIGH its called HIDDEN BEARISH DIVERGENCE!!
which we're experiencing right now!!
where as during feb-may indicator made a LOWER HIGH and Prices made a HIGHER HIGH which is called BEARISH DIVERGENCE. Difference is, currently the pattern that is forming is called HIDDEN bearish divergence where as earlier it was just BEARISH DIVERGENCE.
For verification you can read about it!
w15684640w
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@pranjaljain1234, thanks for clarification sir.
Zurichwarner18
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wow good analysis. how can i get the link of this chart?
TradeHunterrr99
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@Zurichwarner18, hey bud thanks for the support , you can get the link by clicking on share option below the image or just copy it from the URL tab.