BTCE:BTCUSD   Bitcoin / U.S. Dollar
225 8 0
How helpful is divergence on MACD?
Here is a good video about the MacD that my friend Mark Ledermann made for noobs. You should get a good grasp of it before you add it to your arsenal. Many people trade with it but don't know how to use it correctly. /watch?v=OR8vwFv-5iU#
If you looked at any of my previous charts you would see I have used the MACD very effectively. This chart too.
JDunn TheChasm
If you need more help feel free to ask.
I don't really know what you guys are talking about, but I am focusing just on the MACD line where Divergence can signal a coming change in trend.
JDunn TheChasm
Google it
I have googled MACD many times. I understand it and now I am applying what I have learned here. The price has played out as the bearish divergence was indicating to me.
> BB parameters are too small, you've got a false signal
> Divergence downwards on MACD indicates a bullish rebound divergence if it continues consistently, if the next upwards cross breaks the line it is bullish (
> RSI double top has completed on the first launch price

Overall, I agree we're in for a large correction soon because of all this high upwards movement though.
As you can see we have already made up for that divergence by being at the same price/height as the top hill of the MAcD
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