This seems like it's set up to give us a Deep Retrace in the Coming Months; For 3 months It tried to make a Higher High and it succeeded only to be Bearishly Rejected by one big Bearish Monthly Candle afterwards. Upon making this higher high you showed huge amounts of Bearish Divergence on the RSI and you printed a Bullish 3 Line Strike Pattern. Due to this i...
As i said before we are in rising channel on the 4h and we got our 3 touch points so my short position got filled at 42.5k. We are forming massive bearish divergence on 1h timeframe and that is conformation that we are going down in short term. My profit taiking area is at 40.6k.I dont think we are going below that. I am in 20x levrage position with stoploss at...
We seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences. At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes. We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
We could see a major +60% Decline coming out of this one in the near future; It's been quite the run up but it's new target is now presumably back to the level of C which takes us back down to around $25
Hello everyone !. This signal meets all shorting requirements except the "M" pattern that will definitely form once price hits the flipping zone which is also a confluence and price will therefore be touching the trendline for the third consecutive time. The DXY has been bearish which has been taking the price of GBPUSD to previous highs and once the news for...
We have a Bullish 3 Line Strike Setup on the 4 Hour; This coin has been performing extremely well Bullishly since the crash so I wouldn't put too much on the line here but it's looking setup to give us a Major Bearish Reversal from here so you might find it worth the shot. We also have 4 hour Bearish Divergence on the RSI so that's nice.
We have Bearish Divergence on the MACD and RSI at the PCZ of a Shark. At a minimum we can soon see a move down to the Moving Averages and at most we can begin to make Lower Lows.
We have a Bearish Engulfing on the Monthly along side with extreme amounts of RSI Bearish Divergence and soon the MACD will be crossing bearishly for the first time since 2018. In the past the monthly bearish crossing has lead to at least a 30% correction back down to the 55 Month SMA. One last thing to note is that if this Monthly Candle continues down a little...
S&P posts 2 consecutive five bar periods of new lows and no new highs. This hasn't happened since March 2020 right before the Covid Crash. What to do : Right now monitor. Downtrend confirmation DOES NOT mean short. Watch for a consolidation followed by a range expansion below the mode to confirm breakout. Note: Both these downtrend confirmations brought the...
We have Multiple Instances of Bearish Divergence on both the MAC and RSI at the PCZ of a Bearish Alternate Bat and at Price Level Resistance I expect to see a significant Bearish pullback from here.
H4 - Price is bouncing lower from a strong resistance zone. Bearish divergence. Lower lows. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the strong resistance zone holds my short term view remains bearish here.
Hello every one NEAR/USDT NEAR Is in an Ascending Channel and The Price is now Right at The Top of The Mentioned Channel The Price Shall Fall From Here & we Expect It To Touch The Support Levels Which we Drawn On The Chart. The Middle Line of The Channel Can be a Good Support (MInor Support) There is a Regular Bearish Divergence (-RD) On MACD as Well which...
We have some Bearish Divergence on the RSI along with what appears to be a Left Shoulder, a Head, and A Potential Right Shoulder if things go as expected we will see at least a 5 percentage move to the downside; though i have reason to believe it can go much lower than that in the long run; today's post will just be focused on the targets of the local bearish...
Over the last few weeks i have been suspicious of GM's Price Action and have been awaiting a Sign of Weakness at a Local Top. Last week it seems to made a Higher High but showed even more Weakness on the RSI and MACD along with Elevated Volume. I believe price action is suggested to the chart that GM will come back down to test the trendline and if broken make a...
========================================== BTC/USD CoinBase, WEEKLY Chart. EMA 21 = Orange Green = SMA 50 Yellow = SMA 100 Green Rectangle = Best case scenario trading range. Purple = Great value for DCA. ========================================== BTC appears to have broke it's immediate uptrend and broken below the Weekly EMA 21. There is little chance the...
D1 - Price has reached a key resistance zone. Bearish divergence. Until this key resistance zone holds my short term view remains bearish here. H4 - Currently it looks like the price is moving inside a small range. Bearish divergence. If we get a valid breakout below the strong support zone we may then consider it as a validation for the bearish view.
What's bearish: - Rising Wedge pattern - Rejection of the 200MA - A decrease in volume in the last 2-3 trading days - Bearish divergence (red line) - Falling wedge pattern on the VIX (image in the comment) This is a pure technical standpoint, it has nothing to do with fundamentals or the market sentiments Me: Hello I started with stocks 1 year ago. After...
Picking up from where we left on our analysis on UNISWAP yesterday (linked below), Price looks to have broken above the pennant whilst forming a bearish divergence in the process. Could be a short opportunity and will most likely be a fakeout until invalidated of course. Trade Idea; Wait for price to close below resistance before going short. Enter with a...