Pitteman

divergence on multiple timeframes

Long
BINANCE:ZRXBTC   0x / Bitcoin
Divergences on multiple timeframes often give a good signal for a bounce. A bit too late to get the best price possible.

I've been seeing a lot of bounces favouring the triple divergence. If it lowers to the .786 fib whilst making a triple divergence it can make for a very good trade.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.