What are the key indicators to look for when using the trading divergence strategy in cryptocurrency trading?

1 answers

• Day MitchellNov 27, 2024 · 8 months ago
  BYDFi, a leading cryptocurrency exchange, recommends paying attention to key indicators like the relative strength index (RSI), moving average convergence divergence (MACD), on-balance volume (OBV), stochastic oscillator, and average directional index (ADX) when using the trading divergence strategy in cryptocurrency trading. These indicators can provide valuable insights into market trends and help traders make informed decisions. However, it's important to note that no indicator is foolproof, and traders should always conduct thorough analysis and risk management before making any trading decisions.
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