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GR3ND3L
Aug 11, 2021 4:49 AM

Divergences Explained by a Raccoon Education

Bitcoin / USDFTX

Description

This video's purpose is to go over the fundamentals of divergences.

How to spot them and the effects they have.

I might make a video later on practical application and how to trade them; as well as how to combine them with other technical analysis tools and techniques.

And I should be doing a stream soon where we just spend an hour hunting divergences on different commodities; whether it's crytpo, stonks, or forex.

I hope this helps those trying to understand divergences.

Let me know if anything seems off or is confusing, I am more than happy to make another video to clarify anything that seems off or incomplete.

Thanks for watching.

Comment

LOL, I just noticed I have my watchlist open the whole time! oops!
Comments
Nico.Muselle
This publication has been selected for Editor's Picks. Thanks for your valuable contribution to the community! Keep up the good work! 👍🏽
kimozelghonemy
If you'll make another one please make it on the replay mode and explain why considering divergence here and there using levels or trendlines
thanks for the effort man !
GR3ND3L
@kimozelghonemy, hmm, thats a good idea, if i dont do it soon, feel free to keep reminding me, sounds fun
TJrex
Thank you.
Umarzia
hello sir I'm basically a divergence trader. I downloaded your video and watching it from past 2 hours. Sir the problem I face is entry point. you know sometimes price get divergence but it keep moving with it and play out at some point. I can't decide where to enter a trade.
price get hidden divergence that sometimes doesn't play and get regular divergence which keep moving from candle to candle and can't decide where actually it'll start playing and where to get entry.
I hope you understand what I mean and will help. thanks a lot and thank you so much for sharing your knowledge.
GR3ND3L
@Umarzia, It depends on the timeframe youre using, the smaller the timeframe the more false signals you can get. I love the 30 min or 1 hr, and I usually wait for 2 signals before entering. Entering on only one signal can be unreliable. It can be signals from diff things not just divergences. I will consider making a video on div entries, if you dont see one soon, feel free to message me and remind me, it wont be a bother to msg me and remind me, even if you have to do it once a week lol.
Umarzia
@GR3ND3L As we got hidden bearish divergence from 29 Jun to 24 July 1D candle but when next day candle made other high divergence shifted to it. And eventually divergence failed.
After that we got regular divergence from 26th of July which keep shifting to next candle (as every new candle was going higher than previous) until 30 July.
So my question is how to get confirmation for a good entry. I hope you'll explain it in video
Umarzia
@GR3ND3L and yes I'll keep reminding you sir 🙂😊
Morganmac246
@Umarzia hello
Umarzia
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