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What is a hidden divergence indicator and how does it relate to cryptocurrency trading?

avatarCardenas SimonsenDec 26, 2021 · 3 years ago1 answers

Can you explain what a hidden divergence indicator is and how it is used in cryptocurrency trading?

What is a hidden divergence indicator and how does it relate to cryptocurrency trading?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    At BYDFi, we believe that the hidden divergence indicator is a valuable tool for cryptocurrency traders. It can help traders identify potential trend reversals and make profitable trades. However, it's important to use the indicator in conjunction with other analysis tools and strategies to increase its effectiveness. Traders should also consider market conditions, news events, and other factors that may impact the price of cryptocurrencies. By combining technical analysis with fundamental analysis, traders can make more informed trading decisions and increase their chances of success.