According to bearish divergence in Monthly time frame It can be a scenario for Bitcoin in mid term.
Background On May 1 Bitcoin had shot up to the 1.618 extension of XA and stalled there for a while and I posted my first log butterfly idea, which will be in the lined idea below. I was one of the first and few people warning that this price action was at a major target and we should be expecting a retrace. As part of my disaster scenario and personal...
We have Bearish Divergence on Both the MACD and RSI along with the 3 Black Crows on the Daily as Confirmation that Dell will likely react negatively to this PCZ.
$SPY S&P500 ETF. SPY is currently hesitating near all-time highs which has led to a potential bearish triple top formation(upper red arrows) on the daily chart. As price has stayed relatively the same since early November, the lower indicators have all been declining(lower red arrows) which has created a bearish divergence. The lower indicators all show...
MACD Bearish Divergence, RSI Bearish Divergence, Weekly 3 Black Crows, at a Bearish Shark PCZ. I think it can go much lower than my specified 61.8 target but a 34% decline is plenty profitable to make this a great trade.
I am looking at the 1D chart for Algorand. I show the top and bottom multi-year trendlines and it seems that we may have some downside to go possibly based on historical trends. I showed a possible fractal from the past that may play out again. Lastly and most important, on the daily chart there is bearish divergence. This may be a good indicator of what's to...
W1 - Price is bouncing lower from a key resistance zone. No opposite signs. H4 - Bearish convergence. Until the key resistance zone holds I expect the price to move lower further after pullbacks.
we can update bearish channel and 2 idea can exist. 1. break support and go to middle line and if not supported go to down the channel 2. for bullish wave chr have to break channel and resistance with good candle. wait for chart !!!!
Google renamed itself Alphabet in 2015. Now it may be struggling with the 13th letter in that famous text string. Notice how GOOGL nosed above $3,000 on November 5 and 8 but failed to hold. Almost exactly the same thing took place on November 18 and 19. Both attempts left behind solid candlesticks with long tails on top – yet not a single close above the...
Potential Hidden Bearish Divergence? Maybe, but for shortly time period i assume market will prior go to upside movement. I predict market will reach at point 0.92267. Because there's is cluster area between Exponential Moving Average 21, and Fibonacci 61.8 golden ratio. After the price touch the area, let me see if stochastic make a divergence momentum or not.
D1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence. H1 - Bearish divergence. Lower lows. Expecting the price to continue lower further in the short term until the strong resistance zone holds.
D1 - Price has reached a key resistance zone. Bearish hidden divergence. H1 - Bearish divergence. Until the key resistance zone holds I expect short term bearish moves to happen here.
This ETF holds a lot of crypto related stocks that i am not very optimistic on and it's at the PCZ of a Bearish Gartley i'd say it's perfect for buying some monthly EOY expiry puts on tomorrow.
Bearish divergence on the SOL chart in a one-day time frame, could fall to a price of 217 and then continue its bullish rally.
H1 - Price is nearing a strong resistance zone. Bearish divergence. Until this strong resistance zone holds I expect short term bearish moves to happen here.
Looks like we might have a double bottom. Price needs break past green zone for further move up. On 4h there is bearish divergence, another signal for buy order and 1d chart ther doji morning star. Good luck.
I saw a Hidden Bearish Divergence on the DJ30 movement. This moment shows the price has potential to continue the bearish movement. there is small support at point 35539.2. So I will assume the price will reach the support area.
I posted some setups on lower timeframes awhile back near 3 dollars and over that time period ADA has pulled back and closed below this weekly trendline and now it seems that we will be going for much deeper targets Potentially down below 80 cents.