What are the indicators of bullish hidden divergence in the cryptocurrency market?

3 answers

• Dec 26, 2021 · 3 years ago
  Bullish hidden divergence in the cryptocurrency market can be identified using indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD). When the price of a cryptocurrency is making lower lows but the indicator is making higher lows, it indicates a potential bullish reversal. Traders can use these indicators to confirm the strength of a bullish trend and make informed trading decisions.
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• Dec 26, 2021 · 3 years ago
  To identify bullish hidden divergence in the cryptocurrency market, traders can look for signs such as decreasing selling pressure and increasing buying pressure. This can be observed through indicators like volume analysis and order book data. By analyzing these indicators, traders can spot potential bullish hidden divergence and capitalize on the price movements in the market.
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• Dec 26, 2021 · 3 years ago
  When it comes to identifying bullish hidden divergence in the cryptocurrency market, BYDFi recommends using a combination of technical indicators such as the Relative Strength Index (RSI), Moving Average Convergence Divergence (MACD), and Bollinger Bands. These indicators can help traders identify potential bullish trends and make informed trading decisions. It is important to note that indicators should not be used in isolation and should be used in conjunction with other analysis techniques for better accuracy.
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