Hidden Bullish Divergence has been powerful during this most recent bull run, but will it be enough to break through resistance?
What do you traders think?
Hidden Bullish Divergence
Luis Wright
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Oliver Sanders
It will take longer than people would like but it will happen.
Brandon Evans
Holy shit it's obvious now! Thanks user.
Joshua Jackson
Nothing's obvious. A little pump could happen, but I don't know if it's enough to break through that 12k resistance. If it can't break it, the chances of it visiting the low 10k region is pretty strong.
However, if 12k or 12.2k gets broken convincingly, the blast off could be awe inspiring. You have to prepare for every possibility.
Gavin Perez
I'm grateful for those beautiful trips.
Aaron Powell
>bullish divergence
>at the top of the indicator
Liam White
It's not regular bullish divergence. That would be weird and dumb to look for near a local high.
However, identifying HIDDEN bullish divergence here is not weird, and is it not reacting strongly to the 4h 20 MA?
Thomas Reed
Hidden bullish divergence is for finding that last push. You'll notice the 4h chart doesn't have regular bearish divergence yet, so looking for hidden bullish divergence here is a fine play to make.
Adam Baker
It's up a bit since the thread started. Long here or wait?
Noah Gutierrez
safest long entry here is to do this:
load a bollinger band on the 1HR chart.
set it to length 280. standard deviation: 1.25.
when price hits the upper band, long.
put a stop under the band. if a candle closes underneath the upper band, get stopped.
cheers.
Jaxon Hughes
How did you come up with this strategy?
Any significance to the numbers you picked?
I'll try it for fun, but it sounds too simple.
...but simple can work.
Colton Torres
strategy is based off dadshark's volatility theory.
go look him up on tradingview: tradingview.com
Jonathan Green
It's surprisingly good for catching breakouts.
I learned something useful today.
Thank you.
Jace Hughes
It's not going to get the best entries, but it's relatively safe.
Easton Lopez
I think that I'm not selling until BTC crosses under the ichimoku cloud on a certain reliable time frame.
I think that trying to sell the top on btc will get you fucked
Cooper Powell
why not.
even assuming that, isnt the safer entry the better?
Gavin Anderson
You're the one who showed me the strategy. Look at the chart. It's often late, but safe, and there's nothing wrong with safe entries. I didn't mean to imply that at all.
A more cavalier trader could get an earlier entry using other methods, but this DadShark stuff is good for trend confirmation.
Isaiah Price
This is the opposite of bullsih divergence you fucking retard. The oscillator is going down and price is going down.
John Reyes
It's HIDDEN bullish divergence.
You're thinking of REGULAR bullish divergence.
You there's two different kinds, right?
Liam Reyes
That's why it's hidden faggot,any touch of volume send us back to 12k
Wait till power hour check em
Logan Young