And now that?

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The bearish extended divergence acts according to the same rules and occurs when the highs are at the same level, but the oscillator could not demonstrate the repeated achievement of the past values ​​​​and drew highs below the previous ones.  To objectively assess the situation and make an analysis of the presence of divergences, it is necessary to view the financial instrument in all time frames, starting with the week and ending with the hour. LiteFinance: Divergences in cryptocurrency!  How to find?  How to operate?  |  Litefinance We will carry out this analysis on our beloved bitcoin. As you can see, weak attempts to form a regular bullish divergence on the volume oscillator appear during the week.

This oscillator is one of the most sensitive, so its signals always need confirmation. As you can see, all other oscillators modestly follow the market so far and only "Chaikin" raised its paw, hinting at the possible beginning Belize Mobile Number List  of the formation of the divergence. Taken together, this signal can be considered as a sign of a weakening correction and a near beginning of the end or at least a pause between the bears. On the daily chart, the picture is not very clear. LiteFinance: Divergences in cryptocurrency!  How to find?  How to operate?  |  Litefinance We see that the volume oscillator has already started to refresh the highs, despite the fact that the market continues to go down.



However, other indicators do not give strong signs of reversal. And this means that the small reversal that is now occurring can only be a consequence of those individual discharges of our volume oscillator. On the 6-hour chart the picture is even more depressing. LiteFinance: Divergences in cryptocurrency!  How to find?  How to operate?  |  Litefinance As you can see from the chart above, we have a bearish divergence on “Chaikin” and “Volumes”, which is already a pretty serious request for corrective move. LiteFinance: Divergences in cryptocurrency!  How to find?  How to operate?  |  Litefinance On the 4-hour chart DeMarker confirms the bearish sentiment.