Mr_HaMza_

Bitcoin analysis per week ( Divergence ) πŸ“‰πŸ“ˆ

BITSTAMP:BTCUSD   Bitcoin
Divergence is one of the well-known and widely used methods for determining price reversal areas, whether positive or negative, and thus helps to determine entry or exit areas πŸ“‰πŸ“ˆ

Divergence can be used with momentum indicators in general like: '' MACD ''-'' RSI ''-'' Stochastic oscillator ''.

We notice in the picture a difference between the price on the chart and the '' RSI '' indicator,
So now the price is in a downward trend opposite the indicator that is in an upward direction, and this indicates an upcoming positivity.πŸ“‰

Divergence is one of the many trading methods that we use to build an integrated strategy, and of course, we can use it in any time frame we want ✍️

⚠ You must wait for a signal or entry sign in order to buy bitcoins.

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