Ethereum / Bitcoin
Panjang

Price/MACD Daily Trend Divergence Portends ETH/BTC Surge REVISIT

157
When price makes lower lows but MACD line makes higher lows this is the divergence I am referring to (as circled in orange). This has only happened 2 times before and each time a massive rally has followed in the ETH/BTC ratio. Based on past moves, the rally could return around 2200% (from early Sept. lows).

REVISIT
I published this idea on September 25th incorrectly showing 3 historical instances of divergence, and a max duration of 166 days for the move to play out. In this revisit I have removed the third instance of divergence in mid-November 2017 because the MACD blue line's higher low does not correspond with a lower low in price (no divergence). Lastly I have doubled the duration in which this move could play out because the latest divergence occurred over 2 months and the 2015 and 2016 divergences each occurred over 1 month.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.