Ready to take your #crypto trading to the next level? Learn about regular divergences and how to spot them for profitable trades in our new thread!
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DISCLAIMER: This content is for informational purposes only, you should not construe any such information or other material as financial, legal, tax, investment, or other advice.
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In crypto trading, regular divergence is a powerful signal that can indicate a potential trend reversal.
It occurs when the price of an asset and a technical indicator move in opposite directions.
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There are two types of regular divergences: bullish and bearish.
A bullish divergence occurs when the price makes a new low, but the indicator does not, and vice versa for bearish divergence.
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To effectively trade regular divergences in crypto, it's important to look for divergences in multiple indicators and confirm them with other technical analysis tools such as trend lines and support/resistance levels.
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By understanding and recognizing regular divergences in crypto trading, you can potentially identify profitable trades and make more informed investment decisions.
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