evetoburak

btc 4h chart have bearish divergence

POLONIEX:BTCUSDT   Bitcoin / Tether USD
the divergence trade is not very accurate, as it fails more times than it succeeds.
The higher high in the security is normal for an uptrend, but the lower high in the MACD shows less upside momentum. Even though upside momentum may be less, upside momentum is still outpacing downside momentum as long as the MACD is positive. Waning upward momentum can sometimes foreshadow a trend reversal or sizable decline.
Trade active: MACD support break reached.
Comment: price goes down i think it keeps till 4500.
Thanks for sharing. Your ideas are valuable. When will this fifth wave end someone said in a round about way on another post? ?? New territory for everyone maybe. ... I say catch some whales in the upper echelons and buy back in when the dust settles....
Reply
evetoburak Benjamix
@Benjamix, Elliott Wave (4) is the correction before the final Wave (5) swing. We are in correction move. its may be wrong points my another post but we are still in 4. wave i think. There's a rule about wave 4 : "Wave 4 can not overlaps Wave 1"

wave 1 high is "5724" and that level of support can be the beginning for the highest price of all time....
thanks for comment
Reply
evetoburak evetoburak
Reply
Stoch RSI does not confirm a divergence)
Reply
evetoburak lyubenkozhenka1402
@lyubenkozhenka1402, when the price falls below this value it will be confirm. there is no crossover occurs yet.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out