Latest on ATNET:

#derivatives #derisking
#crypto-trading-strategy #portfolio-diversification

Exaggerated divergence

Crypto Trading Strategy - 5 Weeks of Onboarding Reads: Subscribe and select "All Posts" or "Strategy & Security" as your preference.
Altcoin Trading Blog
What do crypto traders call Exaggerated divergence and how to read it?

Key Points

  1. What it is: jargon
  2. Tools that do it: #bitfinex #tradingview 
Coinrule

As any divergence, the Exaggerated Divergence a divergent development of price as compared to an oscillator.

Exaggerated divergence works like a regular divergence, except that price makes double top or double bottom rather than new high or new low.

For example: In regular bullish divergence, the price makes a lower low while an oscillator makes higher low, which is the bullish signal. An exaggerated divergence would show a double bottom while an oscillator would make higher low. Double bottom by itself is bullish, which is why the divergence is seen as stronger than a regular bullish div - hence the name.

For a more advanced analysis you can also look for divergences relatively to bbands instead of in plain price terms.

Best Tools for Trading Divergences

Read our list of tools for crypto traders for more free and freemium options.

Want to *really* learn crypto charting & technical analysis?

Hate to break it to you, but there's no trading school, no neatly structured course and no simple how to.
Read our articles to get familiar with the tools, but try everything hands on. Trading will press your emotions, you can only really learn it as you go.

All the good crypto charting tools and platforms are accessible for FREE in either TradingView app or at Bitfinex. Just start!

Get TradingView Signup at Bitfinex

 

OBV: On-Balance Volume Divergence Crypto Strategies - On Balance Volume divergence trading made easier by transforming OBV into oscillator. Pine script available for free on TradingView.
Wyckoff Avoidance Strategy in Cryptocurrency Trading - Wyckoff method of avoidance means to trade only the best stocks in the leading sectors. How to apply this motto when trading cryptocurrencies?
Script Spotlight: Detrended Price Oscillator (DPO) - The Detrended Price Oscillator strategy tool from TradingView is similar to a moving average, but easier to read.
Multiple time frame analysis: Trading several timeframes at the same time - On why it's constructive to trade multiple time frames at the same time and how to manage the stack of your positions and orders.
Scalping Crypto (Reworked for 2021 Crypto Markets) - All about crypto scalping - the tools you need, the cryptocurrencies to prefer, the exchanges that will not crash on you.