Indicators generate buy and sell signals through crossovers or divergence. Crossovers are the most popular technique whereby the price moves through a moving average or when two moving averages crossover.
Divergence occurs when the direction of a price trend and the direction of an indicator are moving in opposite directions, which tends to suggest that the direction of the price trend is weakening.
Remember indicators only indicate or interpret price action.
Indicators work well in short term trading and can be used for bitcoin as well as gold or oil. They work great for forex trading, CFD trading and share trading
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