‘Divergence’ describes a situation where an asset’s price movement deviates from the direction indicated by a technical indicator. This discrepancy can signal a potential shift in market momentum. It is a concept frequently utilized in technical analysis.
Context
The observation of ‘Divergence’ is a common topic among technical analysts interpreting market sentiment and price action. Current market analysis frequently points to bearish divergences on major cryptocurrencies, suggesting a possible downturn in their respective price trajectories.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.