After the Litecoin situation there maybe a bit of a pullback in WMT itself due to the amount of hype it got this morning before the news was proven false.
This one's kinda simple and not much thought goes into the entry just shorting at the PCZ because i want something to short.
We are Near a 1.618 Retrace which will be the PCZ of our ABCD Harmonic here and i'm actually not sure if it will be strong enough to actually hit it but if it does that will be a very nice place to catch the reversal.
I have been tracking this channel for awhile and giving occasional updates on the price action within it and i am seeing that we bearishly engulfed the weekly at the top of the channel as bearish divergence continues this may signal that this would be the last week we see any sort of attempt to achieve higher highs for a long time. Additionally we are at a 1.618...
I think that we should look for a bearish reversal between the 78.6% and 88.6% Retracement and that we will fill 1 or 2 of the gaps below.
BABA seems to have completely broken it's trend and looks to be preparing to reverse back down to where it started i think in the next few months you will certainly see BABA below $145 and worst case scenario it will go back to the 60s.
I would like to see FTT undo all of it's gains it's gotten over the last couple of weeks before thinking of entering a bullish position on this one again.
We have a Bearish Shark visible on the Weekly with Bearish Divergence and a Huge Spike in Weekly Volume after an extreme upside Breakout. I never heard of this stock before and i hardly know what they do but just looking at it tells me that there are a lot of bulls betting for more upside up here and that any amount of selling below the breakout zone can easily...
We have Bearish Divergence at the 50 percent retrace of a Potential Bearish 5-0 here and if this pattern plays out we will likely see AMC attempt to make a new lows below $32
IN AUDCAD we can see price is rejecting from its daily and 4H strong reistance zone and now price is forming rising wedge patterns in uptrend which is the sign of reversal one more confirmation is rsi bearish divergence but we need to confirm this after the breakout of rising wedge down side than we entr short position and out targets are wedge starting point...
Short trigger = break of channel to the downside Enter = go to lower time frime 4H-1H to find a good entry point Exit = 42.000-42.150 $ is the first support, 35.000-35.500 $ (CME gap considered) low probability exit Stop loss = break line of channel + 1ATR in entry TF goodluck!
Bearish Divergence at 30 cents after successfully breaking and reversing the trend a few week ago now we look for potential continuation. This is a late entry and is not as good of an entry as we got a few weeks ago but it's still a valid one. For further context check out the previous setups on doge in the related tab.
Bearish divergence detected on BTCUSD 4H Ichimoku Cloud Enter Bear Zone below Kumo Cloud Target 44k
Gonna be looking for a quick 10-20 percent pullback from here.
This will be the third bearish trade i'v taken in on XLM and the second bearish trade i have taken in this zone. It's funny how it just keeps coming back and giving us entries at the same price level. Anyways; The stop loss entry and targets remain the same as they were from the first and second trade.
Introduction Out of all the top coins since 2017 to right now BNB had one of the best bull runs. Therefore, if it is setting a bull trap I take that that is pretty scary and a bad indicator for the broader market. Analysis I consider hidden bearish divergence to be the bulltrap signal and as I look at the charts it is very visible on the RSI. So that gives...
This is basically a quickpost. The blue anchors show where both BNB and Sol have the fib log channels swing lows and a swing high point to define the fib log channel. Sol just closed at the op of the fib log channel 2 line. That is a very significant long term target after popping up out of a rising wedge. By my estimation most of the profits have already been...
I will target all the way down to C for maximum profit taking though it's a pretty far target so i might settle for 20 percent.