rumpypumpydumpy

rumpypumpydumpy

Wizard Oct 21, 2018

Well a peak has formed on the price volume ratio which is looking like the hidden bear div will play out. I'm leaning toward this playing out and possibly creating a new bullish divergence if the price falls to test $6k again. 1. Level price had to have reached to invalidate hidden bear div by creating a peak in price above the ~$8200 level. 2. Peak in price...

rumpypumpydumpy

Wizard Oct 10, 2018

Almost every peak in PVR has coincided with a reversal (except 3 and they went sideways). At least one previous historical hidden bear div. I didn't check further back, there may be more. If PVR divergences are valid on bitcoin, we would need to see a break above ~$8,200 to invalidate the divergence.