How does phân kỳ divergence impact cryptocurrency trading strategies?

1 answers

• May 01, 2022 · 3 years ago
  At BYDFi, we believe that phân kỳ divergence can have a significant impact on cryptocurrency trading strategies. It can provide valuable insights into market trends and help traders make informed decisions. By using indicators like RSI or MACD to identify phân kỳ divergence, traders can spot potential reversals and adjust their strategies accordingly. However, it's important to note that phân kỳ divergence is just one tool among many, and traders should consider other factors and indicators before making trading decisions.
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