Bullish/Bearish Divergence: A Crypto Market Reversal Identifier
Bullish/Bearish Divergence is a technical analysis tool used to identify potential reversal points in crypto markets. It compares the price action of an asset to the movement of its momentum indicator, such as the Relative Strength Index (RSI). When the price and momentum indicators diverge, it can signal a potential trend change. This divergence can be either bullish, indicating a potential trend reversal to the upside, or bearish, suggesting a potential trend reversal to the downside.
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