MA Convergence & Divergence MACD Classic Bullish and Bearish Divergence
Moving Average Convergence and Divergence MACD Classic divergence is used by traders as a possible sign for a bitcoin trend reversal. Classic divergence is used when searching for an zone where bitcoin crypto currency price could reverse and start moving in the opposite trend direction. For this reason classic divergence is used as a low risk entry technique and also as an accurate way of exit out of a trade.
1. It's a low risk strategy to sell near the btcusd trading market tops or buy near the btcusd market bottom, this makes the risk to your trades are small relative to potential reward.
2. It's used to predict the optimum zone at which to exit a Bitcoin Crypto Currency trade.
There are two types:
- BTCUSD Trade Classic Bullish Divergence Setup
- BTCUSD Crypto Classic Bearish Divergence Setup
BTCUSD Crypto Classic Bullish Divergence
Classic bullish divergence occurs when bitcoin crypto currency price is making lower lows ( LL ), but oscillator technical indicator is forming higher lows ( HL ).
Moving Average Convergence & Divergence MACD BTCUSD Crypto Classic Bullish Divergence
Classic bullish divergence signals a possible shift in bitcoin crypto trend from downward to upwards. This is because even though the bitcoin price moved lower the volume of sellers that moved bitcoin price lower was less as illustrated by the Moving Average Convergence and Divergence MACD indicator. This is an indicator of the under-lying weakness of the downwards trend.
Classic bearish BTCUSD Divergence Setup
Classic bearish divergence occurs when bitcoin crypto currency price is showing a higher high ( HH ), but oscillator technical indicator is showing a lower high ( LH ).
Moving Average Convergence & Divergence MACD Bitcoin Trading Classic Bearish Divergence Setup
Classic bearish divergence signals a possible shift in btcusd crypto trend from upward to downwards. This is because even though the bitcoin price moved higher the volume of buyers that moved bitcoin price higher was less as illustrated by the Moving Average Convergence and Divergence MACD indicator. This is a technical indicator of the underlying weakness of the upward trend.
Get More Courses and Tutorials:
- BTC USD Lots & Contracts Described
- Trade Medium Market Movers !! illustrated
- BTC USD Trade Apps Tutorial Course
- Find to Know Your How Do I Use BTC USD Trade MetaTrader 4 Trading Platform to Trade BTC USD?
- BTC USD Predict BTC USD Chart Patterns Trend Reversal
- Equity Management Strategy BTCUSD Account Management Strategies
- What Happens to BTC USD Price Action After Rising Wedge Chart Pattern?
- MetaTrader 4 Trading Platform Tutorial Described
- What's BTC USD Trade Market Psychology?
- How Do I Analyze Fibo Extension Settings in MetaTrader 4 BTCUSD Charts?