Current Market Cap - 6.3 Billion Tether dominance has risen over %284 ever since the market peaked back in November last year. However, it is starting to show weakness after it made a higher high while RSI made a lower low. The last time RSI printed a divergence, it signalled the market bottom and money started flowing back into cryptocurrency We could...
D1 - Bearish divergence. Currently it looks like a potential double wave correction is happening. H4 - Bearish divergence. Until the strong resistance zone holds my short term view remains bearish here. A valid breakout below the most recent uptrend line would be the validation for this short term bearish view.
H4 - Price respected a key resistance zone and bounced lower. Bearish divergence. Expecting short term bearish moves to happen here. H1 - Bearish convergence. Currently it looks like a pullback is happening. Until the key resistance zone holds I expect the price to move lower further after pullbacks.
Price has made a double top at the monthly resistance with bearish divergence on RSI. We can expect a drop towards the monthly support with the initial target at the pivot highlighted on the chart.
I am keeping my shorts and will add to shorts if we get above 9.8$ The chart says it all, negative divergence shows it is just the retail traders who are bullish and chasing. The big guys will dump their gas on the retail and its gonna stink so bad
D1 - Price has reached a key resistance zone. Bearish divergence. Expecting short term bearish moves to happen here. H1 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
H4 - Price has reached a key resistance zone. Bearish divergence. If we get a valid breakout below the low at 1.24747 we may then consider it as a validation for this short term bearish view and may expect the price to move lower further.
4H Inverse Head & Shoulder 4H Bearish Divergence 1H Bearish engulfing is about to close 10 pm est. (Start of drop/pullback) Expecting drop to 4h 50 EMA where previous support was or possibly a lil further. Expecting one of the 2 levels to hold as support before continuing inverse head and shoulder pattern to upside.
Price action and chart pattern trading > A Rising Elliott channel pattern with bearish divergence indicating limited upside for ending diagonal > Minor wave 5 estimated at 1.618 retracement of wave 4 | 28.00 - 29.00 baht zone > Take profit at the upper resistance zone Always trade with affordable risk and respect your stoploss
D1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence followed by continuing bearish divergence. H1 - Bearish trend pattern. Lower lows. Until the two strong resistance zones hold my view remains bearish here.
1H Double Top 1H Bearish Divergence 1H Consolidation Expecting price to return to support area 1.23600.
Bearish divergence on 15M Ehlers Stochastic CG. Supply. Overbought. Right shoulder to accomplish. Head and shoulder pattern in formation. Peak of a bearish flag.
H4 - Price is bouncing lower from the psychological level 1. Bearish divergence. Expecting short term bearish moves to happen here. H1 - Bearish convergence. Currently it looks like a pullback is happening. Bearish hidden divergence. Until the strong resistance zone holds my short term view remains bearish here.
We made a high and a higher high then formed bearish divergence and are now potentially making a new lower high at what is the PCZ of a very promising Bearish Butterfly
This could be a Double Top of sorts that would atleast take us down to the Neckline at C
Audjpy has experienced strong bullish momentum for the past few months and has hit highs last seen in 2015. Price recently bounced off the monthly resistance, it's overbought on the weekly timeframe with bearish divergence on the daily timeframe, all these indicating a strong pullback may happen in May. Based on the Fibonacci retracement tool, the first target...
H4 - Price has reached a key resistance zone . Bearish divergence. H1 - Bearish divergence. Until the key resistance zone holds my short term view remains bearish here. If the price breaks below the low at 1.65660 with momentum we may then consider it as a validation for this short term bearish view and may expect the price to move lower further.
There looks to be room for a 50%-90% Pullback from here if this Double top begins to play out.