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cryptobon
2018年1月25日早上3點03分

beardiv might work against current a&e 

Bitcoin / U.S. dollarBitstamp

描述

we're lacking volume too
評論
nadineb
@cryptobon Trying to learn TA. Could you explain the dots and lines on your chart?
cryptobon
@nadineb, sure!

so this is a divergence in price and price strength, with a bearish tendency. Why??

here price found a lower high than in the previous instance but in the oscillator on the bottom (RSI) it found a higher high. The RSI measures relative strength of price movements through the previous 14 periods.

what this means: price went up, yay! However... it took more strenght to get the price to a lower point than previously, this hints to an underlying weakness of the market

all of this is relative to this timeframe in particular, it is possible that we see sideways or lower tending price movements for the next few candles.

Worth noting that price could also pop high like crazy and break this divergence by finding a higher high!

Hope this helps
nadineb
@cryptobon, thank you for the explanation!
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