Precision macd divergence - Bitcoin's time-sharing top and bott
105
I've been writing analysis articles on cryptocurrencies for the golden disk since 2018.
There was not much experience at that time, i used the technical indicators I used in the stock market to analyze.
After studying the trend, I found that the deviation accuacy of macd is very useful.
At that time, several important stage head and bottom, are the appearance of macd divergence, the accuracy is very high, but also let many people have a understanding of macd divergence.
So much so that a lot of people started imitating it, but I found that a lot of interpretation was not true.
Divergence technology also has its drawbacks, in the case of a unilateral market, divergence will recur and disappear.
So in the bull market in the first half of 2019, divergence softened many times, but the final formation of a definite signal was not very frequent.
This is not a departure from technology is not good to use, the key question is, different trends, how to interpret the deviation reasonably.
And, crucially, for the confirmation of divergence, many people make buying and selling decisions without signaling them, to the extent that mistakes occur.
In recent times, the divergence technology has begun to charm again, from 5 minute charts to 2-hour charts, several top and bottom formations, all due to divergence.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.