The CAD has been looking strong against pairs like the JPY, CHF and USD and now it's looking like the AUD may be showing some weakness. I think it's worth taking a shot at a short on this AUDCAD as i don't believe that the AUD will be able to keep up with the CAD, Especially at these Fibonacci extensions.
The bearish divergence based on the daily chart seems to be working out same as the bearish divergence on 4hr time frame that I published yesterday. I foresee a bear market up around mid-March, of course if nothing unusual (ok nothing is unusual in crypto) happens; like Elon sends bitcoin to the moon (literally), lol. For now laying back and watching it closely!
I still believe Ethereum will correct sharply for a few weeks but I reconfigured my drawings and adjusted my correction estimate. I have a potential top at $2200 Then I have decent support/ potential bottom in the high $1400's I now have $1280 as a potential bottom instead of $850-900 I admit it's possible I'm not bullish enough but 3-5 week price...
What I see here is a bearish divergence in 4hr timeframe. But anything is possible in crypto. I am not taking any position. Perhaps around 52k tp.
AR smart glasses hype fizzled out after the colossal failure of Google Glasses years ago. However, according to BTIG, wearable technology's potential TAM could be $100B after accounting for the recent advancement in mobile technology, edge computing and 5G networks. Furthermore, the adoption rate is accelerating because of the rising trend and demand for virtual...
NEO just found the new high, and we should go through a correction in this bullish trend. There is RSI bearish divergence on the 4H graph. If we go close to $36-$38, it's a good opportunity to enter the market. PRICE LEVELS LONG: $50 - if we break the resistance, buy with a pullback $42 $38 $36 - STRONG BUY
While VLDR focuses more on LiDAR's robotics and industrial application, LAZR is solely focusing on LiDAR's application in the automobile sector. According to Orlando news, LAZR has rapidly gained 50 industry partners, including 7 of the top 10 global automotive OEMs, and has received minority investments from the world’s largest commercial vehicle manufacturer,...
D1 : Sharp reversal in progress. Indeed current candle is showing a potential bullish engulfing pattern. Nevertheless, it should be confirmed on a closing basis later on today ! H4 : Potential double top formation in progress, supported by bearish divergences on 4 technical indicators !!! Last candle triggered a strong upside move...
At the moment, the price of Ethereum it's go to down and we see that Ethereum it's need to find down the zone of $1,440 USD. that will be a possible conirmation to entry in the bull market in the $1,440 USD, the important and psycological point to bought. But we see in H1 timeframe that Ethereum it's formed a little bearish risign wedge, but if you see in H1...
We have dragonfly dojis and a bearish engulfing on the daily with mass amounts of bearish divergence i will short this and target two levels for profit taking.
We are forming a Rising wedge with some MACD Bearish Divergence on the Daily at a 3.272 Fibonacci Extension, our nearest support from here if we breakdown will be $653-$665
It appears as though another Ascending Triangle is forming for GME, notice the series of higher lows at the upward green sloping line of support, it's interesting to see a bounce off of the old resistance of the previous Ascending Triangle in blue, inherently bullish. There's merit for an inverted H&S pattern as well, the green human icon is the head of the...
Hi all, hope everyone is doing well these days. A possible bearish divergence could be playing out on the 4h candle of ETH vs. USD, which could potentially bring ETH below USD 1000 again. Please let me know what you guys think in the comments. Cheers
Seen here is the VIX chart, and notably, two segments are highlighted. First the Green box where VIX dropped to 21 as SPX rose higher. However, later on, in the Red box area, a siumilar rise to the same level was not concomitantly seen with VIX retracement. In fact, the VIX was resilient in holding its ground at a higher level. Subtle, but very significant. A...
I think we'll see a pullback to atleast 10 dollars from here.
Hi every one British Pound / U.S. Dollar GBPUSD has formed a rising wedge pattern which means that the price would decrease Wait until the breaking of the pattern! There is also a regular bearish divergence (-RD) which means that this signal is much stronger! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be...
Wow, it's nice to see some short-sellers get roasted, bulls get money, bears get money, and pigs get slaughtered. GME appears to be trading in a GIANT ascending triangle, notice on the RSI there has been a lower high creation for the third consecutive time since January 22nd, but the share price increased and now may be forming a bearish divergence inside of a...