This is a work in progress. I am not trading off this idea (yet); I'm waiting to see whether it develops as I expect in the future to make sure I'm not seeing patterns where there are none.
Spotting highs:
Teal lines = bearish divergence. This is where the RSI chart diverges from (does the opposite of) the price chart.
Basically: price goes up, while RSI...
Crypto Charting Exercise:
An interesting method to spot "tops" for Bitcoin
1 Day $BTC chart in Log view.
Add RSI indicator.
Look for "RSI Divergence" = Where the RSI Chart does the opposite of (diverges from) the price chart.
I drew lines from daily close.
Spot a juicy pattern?
