Please have a look at this chart. Scroll all the way back to 1999.
At present day we are very far above the 50d moving average. It's frightening how high we are.
Bearish divergence from Jan 2020 to present day.
Bearish divergence in 2018, leading to a 20% retracement.
Bearish divergence in 2007, leading to the global financial crisis.
Bearish divergence in...
The loonie is inside a bearish strong trend, we can clearly see it in bigger timeframes such as weekly and daily, now let s analyze the h4 chart:
the price is capped by the 200 sma and is in the Supply zone (the orange rectangle), this zone is really strong because we see that it worked perfectly several times, in addition the stochastic has created the so-called...
Here we see our Bitcoin 2 hour chart . Can you see that red X on the chart ? Well, X marks the spot where we may see a Death Cross happening
very soon . A Death Cross is when our light blue 50 MA crosses down and through our dark blue 200 MA . This should bring downward price movement. It's a very bearish event - though keep in mind this is the 2 hour chart ....
QCOM at 200 SMA support and will likely revert back up or trade flat.
Trade Ideas
Shares : Long around the 200 SMA ($125) for $140 and $152.5+ Profit Targets.
Short Put : 110 strike expiring 4/16 for $1.3 Credit. Short 14.5 deltas with a 82.5% POP. $1000 BPE for a decent 13% ROC. Close at 50%-75% profit, 150%-200% Loss or 20 DTE, whichever comes first.
...
As I noted in my last post, if the 55 MA and the 618 Fibonacci level did not hold we would continue to make a downward move. That is exactly what has happened. we also have a perfect tap on the downward RSI trendline. Volume on this latest candle was extremely bearish. Now to see if the 200 MA will hold
Stock price and indicator have hidden divergence. This maybe means the price will extend the trend.
Tips:
This is forex, not a stock. But the tips should apply as well.
2014 Jun 6, price and stochastic have a hidden divergence.
Stochastic is to value price momentum. Also can be treated as if stock overbought or oversold.
The divergence is a hidden divergence. A...
Stock price is lower low, but indicator is higher low. This divergence can be a trading opportunity.
Tips:
This is forex, not a stock. But the tips should apply as well.
2014 apr 28, price and stochastic have divergence.
Stochastic is to value price momentum. Use 8,3,3 as the parameter can wipe out some market noise.
The divergence is a regular divergence. Over...
Here we see our 1 day WAN chart from Binance .You see a Golden Cross appears imminent with that light blue 50 MA going to cross up and through the dark blue 200 MA , probably in a few weeks . When that happens our Ichimoku cloud will almost certainly have a Bullish twist up called a Kumo Twist , or a Kumo Breakout. This is excellent news on a higher timeframe and...
Here we see our FET 3 day chart on Binance . You can see our light blue 50 MA is looking to turn up into our dark blue 200 MA and that could mean a Golden Cross happening here on our 3 day chart as it just recently already happened on our 1 day chart ! In case you didn't know - a Golden Cross is extremely Bullish especially on higher timeframes like 1 day , 3 day...
Here we see our VRA BTC daily chart from Kucoin. RIght on track our light blue 50 MA is going to cross up into our dark blue 200 MA . That's the Golden Cross we've been talking about. I'll link the related chart below . This is still very Bullish for our chart and as you see we wicked up to touch that red line ( that's the VPVR indicator .) If Altseason is...
It was just as forecast last week that EURUSD continued to drop further.
While the bearish momentum seems strong (and definitely sellable in the short-term), it will face very strong demand in this coming week.
The first thing we should always bear in mind is that EURUSD already has a strong reversal signal since it broke above a 12-year falling trendline (as...
Pretty simple stuff
Seems like a hidden bullish (continuation) divergence have played out, though it failed so far.
However, a regular divergence is also playing out atm, and could be supported by strong support on the Daily 200 SMA
Dividend registration day is today the 2nd of march, and will be paid out the 4th of march.
BTC is trading around 50% level of the Fibo retracement, knowing that buy can be executed at 61.8% and 50%. As it would go higher, it could retest the resistance which is in the case of bitcoin only round numbers and finally trade in a bullish movement until it reaches new peaks. This scenario is the most wanted one by investors.
As we always say, trade safe and...
Here we see our daily FET BTC chart from Binance . You see that pink arrow on my chart ? It's pointing at the dark blue 200 MA line .That's the 200 week moving average . It's a strong long-term indicator and you can see we are sitting on top of it . None of our candlesticks has closed below it . So we are still bullish in my opinion . I don't think we will break...
Here we see our 1 day VRA BTC chart on Kucoin .You can see VRA is already inside the Daily Ichimoku Cloud and gone to the top of it . Now there seems to be some slight retrace and we will probably have consolidation and eventually we will break up out of this Cloud . When though ? Well you see that blue rocket ship on my chart ? That is approximately where our...
Here we see our FET daily chart from Binance . You'll notice we are about to have a very Bullish event on this chart ! The Golden Cross . What is a Golden Cross ? Well,that's when our light blue 50MA ( or 50 week moving average ) is going to cross up and go through our dark blue 200 MA ( or 200 week moving average. ) These are long-term moving averages and are...
