Bitcoin Forum

Economy => Speculation => Topic started by: pent on January 06, 2012, 05:48:33 AM



Title: Questions about macd/rsi
Post by: pent on January 06, 2012, 05:48:33 AM
Have some newbie questions.

What does this divergence show? And is this a divergence at all? Chart has 2 days timeframe.

http://img259.imageshack.us/img259/3473/chart1f.png


Title: Re: Questions about macd/rsi
Post by: Crypt_Current on January 06, 2012, 06:24:56 AM
It means be ready for a down spike


Title: Re: Questions about macd/rsi
Post by: notme on January 06, 2012, 06:33:02 AM
The RSI is bearish, but not overbought.  MACD could inflect up or down from here.  Also consider the slope of the lows after the spike.


Title: Re: Questions about macd/rsi
Post by: pent on January 06, 2012, 07:09:40 AM
It means be ready for a down spike

that was it. in a very short term at least


Title: Re: Questions about macd/rsi
Post by: Crypt_Current on January 06, 2012, 07:10:13 AM
It means be ready for a down spike

that was it. in a very short term at least

Yerp.