MINAUSDT is encountering a critical resistance level of $1.5484 on the weekly chart. This is the third attempt to break through this level in the daily timeframe. Technical Analysis: Resistance: $1.5484 (Weekly) Support: $1.0113 (Weekly) Relative Strength Index (RSI): Supported at 50, Bearish Divergence Key Observations: MINAUSDT is facing a...
After reaching a supply zone for the GBP may be it is time for correction. There is bearish divergence on the RSI 1H timeframe which I am thinking is going to happen. The TP zone could be the eclipse which is on the resistance zone. The other important thing is that the 200MA could be support zone which is not sure that the price will break. Do your own reasearch...
The month of February saw an incredible bull run up to 5110. The high was created on the 29th of February and as of March 1st, the high has not been broken. There is bearish divergence on D1 and H4. The upward channel is at the risk of being broken after 2 months. We have taken a short position at 5104 with a stop loss at 5150 and a reward of 4750. Good luck!
After a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply...
Market ain't stable. So keep a SL tight. My analysis says we might see a good uptrend here. Buy senco at 875-877 sl at 838 target 918,940,970+ RSI breakout done All time high.
The price has successfully completed a three-drive pattern, and concurrently, there is a noticeable formation of a rising wedge pattern and I shouldn't forget to mention that the strength of each new upward wave has weakened compared to its previous wave. Additionally, the confirmation of a bearish movement is evident through the observed RSI divergence. please...
COINBASE:ETHUSD ETHUSD may experience a decline to the $26K-$26.5K ETHUSD (D) may experience a decline to the price range of $26K-$26.5K. This assessment is grounded in the following observations: RSI divergence at both the peak and trough of the recent uptrend indicates a weakening bullish pressure relative to selling pressure. The non-breaking of the MA50...
Probably see 5K Monday but it won't last long. In the PRZ now. Bullish enthusiasm from Friday's madness likely to persist through Monday morning. Top could be in by noon Monday, if it's not already. Notice RSI diverging... every trip to the PRZ weakens RSI, fewer and fewer issues pushing higher... won't be long now. Astonishing how short memory is, seems to...
UNDERLYING PRINCIPLE: Divergence between Futures/Stocks/ETFs and their Relative Strength Index (RSI) can be used to predict a bottom or a top. This method is more useful in determining a reversal in overall market than an individual stock. To elaborate the principle let's assume the market is making higher highs but corresponding RSI is making lower highs....
GJ might have took out the 30M entry and also on 1D charts looking sketchy but on the W chart the RSI is posting divergence when u look at the 23 Jan 24 equal highs to today im looking for a reversal of the 1D candle within 2-3 lengths to validate the W short.
NYSE:CVNA CVNA:NYSE will reach $130-$135 in 2024. Given the market signals outlined below for CARVANA CO. (CVNA:NYSE) on the weekly chart (W1): 1. RSI convergence 2. Gradual narrowing of the price channel 3. Substantial volume observed in bottom fishing 4. Decreased volume during recent corrections The CVNA stock exhibits indications that suggest a potential...
Good setup for a bullish reversal on AUDUSD. Divergence at RSI with confirmation of Inverted Head and Shoulder. Already broke the neckline and seems to go bullish when Australian session starts.
OANDA:EURUSD EURUSD (H1) Potential buying opportunities may emerge. Indicators that have manifested: 1. Convergence of the RSI is evident within the lower region, approximately at 1.072 2. The current price range exhibits a narrow band in comparison to the preceding price surge, amounting to less than one-third of the prior increase. 3. The aforementioned...
as you can see the price has completed 3 drive pattern also RSI divergence confirmed the bearish movement please follow and support for more
i personali think this and next 4 hours candles will be very important for price movements we have very bullish rsi potential plus fud news about all bigs dumping there btc and that everything together plus the what i see on chart i'm pretty bullish if dvg confirms bullish in that case i think we will never see price below 41-40K if not we can see 38 easily before...
Nifty is loosing momentum but no trades yet. I feel it should go up a little but everything is pointing towards a loss of momentum
💌Our AI screener has detected a great opportunity for you: NZDCAD is in a ranging market for the next few days! What does that mean? It means that the price is moving sideways between two levels: 0.8153 and 0.8333. That’s a range of 170 pips or more! How can you profit from this situation? 📊There are two ways: 👨💻If you are a manual trader, you can use...
TVC:DJI DJI will be able to create RSI divergence in the near future? DJI will have an adjustment in the near future, but no one knows how much, where and at what price. But in a certain expectation, I think that the case of the price increasing a little more (maybe to near 40K) and then creating an RSI divergence is a fairly typical case for this bullish pattern.