Types of Divergence
Updated
Key patterns to look for when attempting to gain insight into potential future price action.
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Example 1: Bullish Divergence in 6H XRPBTCComment
Example 2: Bearish AND Bullish Divergence in 1H XMRBTCComment
Example 3: Bearish Divergence in 15M ETHBTCComment
Example 3: Bullish Divergence and Hidden Bullish Divergence in 6H BTCUSDComment
First, thanks to all for the comments and the likes. I am so many people are finding this helping.Second, some small corrections I noticed. First, the picture in the comment above should say Example 4. Next, the real Example 3 with ETHBTC chart should say Bearish Divergence, NOT Bullish.
Having said that, here is Example 5: an update of that exact same ETH chart several hours later. We can see that hidden bullish divergence appeared on a longer timeframe and negated the initial bearish divergence for continuation of the upwards trend. However, bearish divergence has appeared again so it may be time for some profit taking.
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*I am glad so many people are finding this helpful* (man I'm tired!)Comment
Example 5: longer term ETHBTCComment
above is #6... here is final Example #7: Hidden Bearish DIvergence winning in 6H DASHBTCComment
I know I said that the last example was the last... but this one was too pretty to pass up!Example 8: Hidden Bearish Divergence Bullish Divergence in 24H BCHBTC
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latest analysis using divergence (not a screenshot)
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it doesn't get much prettier than this folks, ZECBTC today, now watch for hidden bullish divergence to judge re-entryComment
and then here's the continuation from the chart aboveDisclaimer
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