CTD has been rallying since the huge drop it experienced during the pandemic and it seems that it needs a breather before the upswing continues. CTD has been in an uptrend forming higher highs and higher lows but now we are expecting the current pullback to be deeper because of the Bearish Divergence on MACD and the Bullish Momentum getting weak. We are expecting...
Try not to spill your coffee with this news for Wednesday, April 7th. We should see SBUX drop to a minimum of $112 a share. Indicators: MACD- Weakening bullish divergence Signals: Guth 3x confirm sell signal D+ sell signal Divergence: High levels of bearish divergence and lowering bullish volume Blue Arrow: Sell signal Orange Arrow: Price attempted...
D1 - Bearish divergence. No opposite evidences. Expecting short term bearish moves. H4 - Bearish trend pattern. Currently it looks like a pullback is happening. Once this pullback completes itself we may then expect the price to continue lower further.
This is a clear example of a bearish divergence on Ethereum $ETH against USDT pair. I took the 12-hour chart to exemplify the closest to reality what we could have done to spot an upcoming dip using the RSI oscillator vs price action to forecast a strong dip in price. First of all watch the X marking a higher high around the 7th of January on the RSI and then a...
Based on multiple indicators it is clear that SWKS is about to fall and here they are Guth 3x confirm: Triple sell signal D+ Large cloud of bearish divergence indicating strong bearish strength as well as 3 sell signals Kurotoga Cloud: Shows support at $188.75 but second level support at $184.48 My plan? SWKS is up post market according to Trading View but...
The weekly seems to be showing weakness and confirming that weakness by breaking down a bearish structure known as a Right-Angled and Ascending Broadening Formation; The measured move should take us down to test the 61.8% retracement at the very least before seeing any sort of major attempt at bullish continuation.
A possible rising wedge is under development on IOTAUSDT. Usually this shows signs of weakness and could be an early signal of trend reversal. If price manages to break through February's 1.500 zone the wedge could start to complete thus letting price fall to 1.250 as first support level. A divergence on the Elliott Wave Oscillator is also a sign of exhaustion....
We got a nice entry at the previous ATH and now reached our target. Ethereum is currently looking at its scaling issues and it will need some time to fix it. Additionally we can see a bearish divergence looking at the volume. Longterm we look at 5000$ but for the very short term we could go down first again. Basic rules: - Never buy the top/ATH - Take profit as...
Hi every one AUD/USD The AUD/USD has been in a rising wedge pattern for a long time (the pattern is in weekly time frame) but recently this pattern has been broken downward. There is also a regular bearish divergence (-RD) on both MACD and RSI indicators as well which strenghten the bearish movement. So the bearish movement is only on it's beginning and the...
Whirlpool showing extreme bearish divergence in multiple mid-term timeframes on multiple indicators. Semiconductors used in Microwaves and Appliances are infamously unavailable, and this is sure to affect whirlpool's outlooks despite favorable macroeconomic conditions and stock rotation. The entire sector related to homebuilders is due for a drawback, and despite...
Reasons to sell Overextension of the RSI on the 4hr Bearish DIV on 1hr and 2hr Last time we saw a move like this was 04 Nov 2020 with a 20% correction happening Strong resistance at $6 Head and shoulders still intact (but subject to change as we are in a bull run and this is a bearish pattern) low success rate in bull runs Could see price revisit $4.80 ...
Ford has diverged significantly from the ascending channel it's been in, so I wouldn't be surprised if we see a retracement back into the channel. We perfectly hit the 50d MA, but whether we break through that is the important thing to note. Watch out for it. Bearish divergence on the daily too, which is bearish. Momentum seems to be flipping. 10% drop from...
W1 - Price is bouncing lower from a key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 100% Fibonacci expansion level of the second wave. Bearish divergence. H4 - Bearish trend pattern. No signs of trend change. Until the invalidation level holds I expect pullbacks and then further continuation lower.
Keep in mind we're in a rising wedge right now, which is bearish biased. We made a higher high recently, but RSI made a lower high (bearish divergence). Same exact thing happened just before the covid crash. We had a run up in price and higher highs on the RSI. Then as soon as the bearish divergence signalled, we got a crash.
the crypto market cap is looking very bearish. We have confirmed breakout of parabolic trend that has been forming since august. the next targets are shown. if unable to hold the support and miraculously have a false breakout and pump back into the trend, then the top for this bull run is in. watch out and pay close attention to these zones.
Head and Shoulders formation after breaking trend with Bearish Divergence on MACD. Think we are going down from here my downside target is all the way back down to our last strongest weekly support shaded in green on this chart
SXP did very well the last month and gave us >200% gains. Hope you enjoyed the ride. After such a rally and looking at the bearish divergence (price action against volume) it looks like we get a drawback before we aim for 5$. Possible entry zone is shown with the box. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for...
Greetings, It's predicted the price goes down to 52K and then gets support by trend line. our main target is 66K. also we have a bearish divergence with RSI incicator. Risk of each trade is on your own. Don't forget money management and setting a stop loss. Follow me for more TS. Cheers :)