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TagsHow can regular divergence help identify potential trading opportunities in the cryptocurrency market?
Dr. Mansi BansalNov 28, 2021 · 3 years ago1 answersCan you explain how regular divergence can be used to identify potential trading opportunities in the cryptocurrency market? What are the key indicators to look for?
1 answers
- Regular divergence is a popular strategy used by traders to identify potential trading opportunities in the cryptocurrency market. It involves comparing the price of a cryptocurrency with a technical indicator, such as the Stochastic Oscillator, to identify instances where the price and the indicator diverge. This can indicate a potential change in the price trend. Traders can use regular divergence to spot potential buying or selling opportunities. However, it is important to note that regular divergence is not a guaranteed indicator of future price movements and should be used in conjunction with other analysis techniques and risk management strategies.Nov 28, 2021 · 3 years ago
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