BTC 2/27/18 2PM -
Convergence & Divergence Indicators
RSI vs RC & BB
Regression Channels 2 & 3 Standard Deviations
Bollinger Bands 1 & 2 Standard Deviations
VS RSI
Looking for a faster way than the RSI convergence & divergence indicators? Take a look. More details to follow.
Convergence & Divergence Indicators
RSI vs RC & BB
Regression Channels 2 & 3 Standard Deviations
Bollinger Bands 1 & 2 Standard Deviations
VS RSI
Looking for a faster way than the RSI convergence & divergence indicators? Take a look. More details to follow.
Typically traders will use the 2 standard deviations measurement - this gives them the trend and then within 2 standard deviations what values are still considered to be within that trend channel. We have also added a 3 standard deviations which will be even more inclusive.
Bottom line: What are we seeing?
We use this method to see if something is still within our current trend or if we have a reversal. BTC is at the cusp and at the edge, are we seeing a potential switch to the uptrend (from a previous downtrend)?