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Meraz
2018년 2월 8일 오전 11시 4분

Bitcoin RSI showing Bearish Divergence 

Bitcoin / DollarBitfinex

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Bitcoin going down again

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darkandblue
why is it a bearish divergence, the price moved up while rsi declined?
Meraz
@retiringsoon1, Yes,the price made higher high but RSI made lower high,we going down
darkandblue
@Meraz, sorry but maybe i am not understanding well, so people sold and the price went up, that sounds bullish to me.
Meraz
@retiringsoon1,tradingview.com/x/aFqj1YVT/RSI shows direction
Meraz
BrettduPreez
@retiringsoon1 , basically it boils down to, it takes more from bulls to push the market higher. So higher highs are formed, but the difference between consecutive highs are getting less and less (highs are getting less high with each push). Until it collapses into lower highs and finally a fall down.,. Hope this makes sense.
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