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Topic: Analysis - page 260. (Read 941596 times)

full member
Activity: 336
Merit: 100
May 15, 2014, 02:16:23 PM


[...]


you have official proven that price has been going down

such epiphany

Thanks adam Cheesy Never said my TA was beyond reproach. Guess divergences really aren't my cup of tea.

I am also not used to work with divergencies, but I would love pros to give their take. In Oda's example, there were two bullish divergencies and two hidden bearish. What is the interpretation? And generally, is there a simple answer to Oda's question of relative importance of regular vs hidden divergences?
legendary
Activity: 1470
Merit: 1007
May 15, 2014, 02:10:25 PM


[...]


you have official proven that price has been going down

such epiphany

Thanks adam :D Never said my TA was beyond reproach. Guess divergences really aren't my cup of tea.
legendary
Activity: 1470
Merit: 1007
May 15, 2014, 02:07:05 PM
Can we play the divergence game again? As I said before, they still elude me quite a lot.

Your critique, please:



The biggest problem I see: In addition to what I drew into the chart, there are also /hidden/ divergences in there that would technically count as bearish, e.g. lower highs in price, higher lows in MACD = hidden (bearish) div.

How to rank them? hidden div > regular div, or vice versa?

Your red in price and red on MACD is regular bullish divergence.
The green in price and green on the others two are hidden bearish

Thanks. You are right. And I even checked the 'cheat sheet' that was posted earlier in here.

I guess it's just so damn unintuitive to me... lower highs in price, higher highs in indicator seems to indicate a bullish div to me, intuitively at least.

But yeah, no point in arguing, I made the same mistake as last time :P
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
May 15, 2014, 02:04:40 PM





you have official proven that price has been going down

such epiphany
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
May 15, 2014, 02:00:04 PM
Can we play the divergence game again? As I said before, they still elude me quite a lot.

Your critique, please:



The biggest problem I see: In addition to what I drew into the chart, there are also /hidden/ divergences in there that would technically count as bearish, e.g. lower highs in price, higher lows in MACD = hidden (bearish) div.

How to rank them? hidden div > regular div, or vice versa?

Your red in price and red on MACD is regular bullish divergence.
The green in price and green on the others two are hidden bearish
legendary
Activity: 1246
Merit: 1000
May 15, 2014, 12:02:55 PM
I'm not so sure about those hidden bearish divergences, but I do see a hidden bullish divergence on the weekly chart:



legendary
Activity: 1470
Merit: 1007
May 15, 2014, 11:46:54 AM
Can we play the divergence game again? As I said before, they still elude me quite a lot.

Your critique, please:



The biggest problem I see: In addition to what I drew into the chart, there are also /hidden/ divergences in there that would technically count as bearish, e.g. lower highs in price, higher lows in MACD = hidden (bearish) div.

How to rank them? hidden div > regular div, or vice versa?
full member
Activity: 336
Merit: 100
May 08, 2014, 12:16:14 PM
Does anyone know when was the last 1 week EMA cross in bitcoin history?

Bitstamp - January 11, 2012.
Price of Bitcoin - $6.95

January 2012  was the last cross down (before current one)?

When did the last  cross up happen?
hero member
Activity: 509
Merit: 564
"In Us We Trust"
May 08, 2014, 11:43:29 AM
From my blog over the last few months (it's all very bearish)....

I think once the broader market begins to turn lower in second half of the year, Bitcoin will trend lower with it.




full member
Activity: 336
Merit: 100
May 08, 2014, 10:22:39 AM

I usually suck at spotting divergences, so I better ask...





bullish divergence?

[ ] yes

[ ] no



No. The way I understand it, with a small rally now the oscillator would go into the oversold range - not a good sign. In other words, not that much room for growth left.

EDIT: Pinky's answer looks more scientific and trustworthy. Anyways, my gut feeling is it does not look very optimistic.
legendary
Activity: 1470
Merit: 1007
May 08, 2014, 08:18:44 AM

bullish divergence?

[ ] yes

[ ] no


According to this it is hidden bearish div.



I see. I really need to start wrapping my head around this.

Thanks!
hero member
Activity: 538
Merit: 500
May 08, 2014, 08:16:57 AM

bullish divergence?

[ ] yes

[ ] no


According to this it is hidden bearish div.

legendary
Activity: 1470
Merit: 1007
May 08, 2014, 08:09:35 AM

I usually suck at spotting divergences, so I better ask...





bullish divergence?

[ ] yes

[ ] no

legendary
Activity: 1918
Merit: 1018
May 06, 2014, 08:23:09 AM
LOL. And bump for the great thread.

$438 support broken, $425 probably, too - where is the next stop?
$410-400, followed by $360, I should think Smiley

Or we will stop the trend and come back up

There will be ton of support at 420-360 even if the sentiment will get even worse and some will panic sell
newbie
Activity: 42
Merit: 0
May 05, 2014, 10:48:07 PM
hmmm revisiting the previous low....
full member
Activity: 239
Merit: 100
May 05, 2014, 10:45:55 PM
LOL. And bump for the great thread.

$438 support broken, $425 probably, too - where is the next stop?
$410-400, followed by $360, I should think Smiley
full member
Activity: 336
Merit: 100
May 05, 2014, 09:48:11 PM

LOL. And bump for the great thread.

$438 support broken, $425 probably, too - where is the next stop?
legendary
Activity: 2338
Merit: 1035
sr. member
Activity: 406
Merit: 250
May 03, 2014, 10:08:53 AM

I have a task for you to show you are not blindly bearish : tell us 3 reasons why Bitcoin could suceed

There is much reasons,

Just read my threads started before 3-4 months,  all my analysis and predictions is so accurate.
-------------------------------------------------------------------------------------------------
https://bitcointalksearch.org/topic/bicoin-biggest-scam-in-the-early-history-400001

https://bitcointalksearch.org/topic/m.4014576

https://bitcointalksearch.org/topic/m.4563711

https://bitcointalksearch.org/topic/m.4553769

https://bitcointalksearch.org/topic/urgent-bitcoin-is-on-the-verge-of-collapse-467191
legendary
Activity: 1918
Merit: 1018
May 03, 2014, 08:25:09 AM

I have a task for you to show you are not blindly bearish : tell us 3 reasons why Bitcoin could suceed
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