Question on ETH/USD hidden bearish divergence
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im pretty sure that eth/usd is showing hidden bearish divergence hear hinting at a continuation to the downside. Can you guys verify that for me? I know there was bullish divergence but price failed to make a higher high while oscillators did.
-If anyone knows when or how to verify when a hidden divergence is confirmed on rsi, let me know. I wasn't able to find a clear answer. I know regular divergences confirm on the swing failure break and i believe we can use the cross and/or break below overbought on stoch to confirm but i'm not sure on RSI
- just looking through charts, the strike rate on the hidden bear divs on the 1d timeframe seem to be fairly high. Has anyone had successes or failures trading them?
-If anyone knows when or how to verify when a hidden divergence is confirmed on rsi, let me know. I wasn't able to find a clear answer. I know regular divergences confirm on the swing failure break and i believe we can use the cross and/or break below overbought on stoch to confirm but i'm not sure on RSI
- just looking through charts, the strike rate on the hidden bear divs on the 1d timeframe seem to be fairly high. Has anyone had successes or failures trading them?
Note
This one seemed to have been validated.
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