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Regulardivergence

OST in support zone & possible consolidation phaseOST-Simple Token, I'm a bag holder and is one of my coins I'm long on, so I'm biased when it comes to this Token. I'm not certain, but think that this could be the bottom for OST. Because: - seeing a reg bull divergence, weak one but nonetheless - support around 2130 Satoshi is still holding - IF the support doesn't hold I'm setting my next support line at around 1400 -- EMAs look like it could go down further Since King BTC is on the move, I'm not certain if current support will hold and the EMAs for the moment look bearish. I might buy some small positions, because long term I believe in this project
OLong
by Labrinth
Divergence Trading PatternsDIVERGENCES are used to forecast an upcoming Price Reversal or Continuation. There are 4 different types of Divergences and the first ones are Regular Bullish and Regular Bearish Divergences. What are they? Regular Divergences are when the price movement is contrary to the indicator movement. Signal for an upcoming Price Reversal, trend is about to change. Then the second ones are Hidden Bullish and Hidden Bearish Divergences. Hidden Divergences are signal of Trend Continuation. Meaning that the price continues to move in it's current direction. If you have learned this method already this is a great reminder and works very well as cheat sheet. But if you are a learner then the chart is explaining very simple how you can spot them. You should take time and effort to learn this. It does not take long before you start spotting different kind of divergences. You can use one of following oscillators to spot the divergences. (In the end it does not really matters which one you use). MACD RSI CCI + BB etc there are more but here are few you to get started. Any questions or need help? Feel free to leave comments and feedback! Yarr!
BEducation
by yarr
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