RE: Technical Analysis - Convergence Chart Pattern in STEEM/BTC 4H

You are viewing a single comment's thread from:

Technical Analysis - Convergence Chart Pattern in STEEM/BTC 4H

in trading •  8 years ago 

I think the pattern you identified, in Technical Analysis is usually called Positive divergence :)
anyway, it was already played out as a correction move in 2016-08-29 and no new divergence occurred after that. So we are still in the downtrend.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

right, thanks for correction :)