Price met the 1.618 fib almost perfectly. This asset is also trading in a rising wedge, bearish, and is fighting the trend line now. Price is making higher highs but the RSI is making lower highs which is a bearish divergence, indicated by the red trend line. On the weekly I see an even more egregious bearish divergence, and an rising wedge pattern too. All...
H4 - Hidden bearish divergence right at the retest of the broken neckline of the head and shoulders pattern. H1 - Price has reached a critical zone, potential bearish divergence. We may now look for bearish setups with more bearish evidences in order to join the bears.
Ok, so on 4h I see bearish divergence for short term.. Also volume buying power fits to 4200-5500 zone price!! this is bearish for mid term..
we have bearish divergent on RSI. and this could be the sign of reversal. But we need price to break trendline and previous support before jump into sell.
AMD looks to be double topping on the weekly chart with some clear weekly bearish divergence on both the volume and on the RSI. We can see price has been rising on declining volume, and the relative strength of this latest push up is failing to break 70 on the RSI on a weekly basis. Potentially might see this one pull back to the 50 week MA around $26, or perhaps...
D1 - Price is moving inside a bearish flag pattern, bearish hidden divergence. H4 - Bearish divergence. H1 - Double top, bearish divergence, price has broken below the last low, currently it looks like a pullback is happening. If the price moves lower and breaks below the bottom of the daily bearish flag pattern, we may then start looking for sells with more...
D1 - Price has reached the top of the range. H4 - Multiple divergences, false breaks and nice engulfing candle pattern. We may look for possible sells with bearish evidences as long as the top of the daily range holds.
There is a CCI/Price Bearish divergence formed at H4 TF. Price has also formed double tops. Let us look for our SHORT setups at the lower TFs.
BTC.D shows a strong reversal sign, but it is still strong BTC.D (BTC dominance) ran as my last prediction, it ended at around 73.5% before having a correction. A regular bearish divergence between BTC.D and its RSI appeared on the daily chart, forecasts a bigger correction of BTC.D. BTC.D meets its MA20, strong support that can push it up to near 73% before...
Though there is bearish divergence forming, there is also a bullish hidden divergence forming at H4. I believe that price may go beyond 1.2384 because of the hidden divergence. But have to be cautious about the bearish divergence forming.
D1 - Price is moving inside a channel. H4 - Bearish hidden divergence. H1 _ Bearish divergence, if the price breaks below the low shown in the chart, it should open the bearish momentum.
D1 - Downtrend line, strong resistance level. H4 - Ideally looking for another push up, towards the trend line and the magnet zone with bearish divergence to form before sells.
D1 - Price reached the top of the channel. H4 - Price reached a critical zone formed by the top of the daily channel and the fibo levels of the cycles, double top, bearish divergence. H1 - Bearish divergence, price has broken below the uptrend line, we may now look for pullbacks and sells with bearish evidences,
D1 - Potential double wave down, price has room lower towards the critical level. Price is currently moving inside a bearish flag pattern. H4 - We have a critical zone that has formed based on the fibo levels of the cycles and the top of the daily bearish flag pattern. Price has currently reached this zone, we have potential bearish divergence, We may now...
D1 - Potential double wave down, price has room lower towards the critical level. H4 - Special cycle completed, currently a retrace is happening, double wave up price has reached a critical zone formed by the 100 fibo expansion level and 61.8 fibo retrace level. Potential bearish divergence. Until this level holds we may look for bearish setups with bearish...
D1 - Price is moving inside a bearish flag pattern. H4 - Price is nearing the critical zone formed by the top of the daily bearish flag pattern and the fibo level of the cycle. H1 - Bearish divergence, once the price reaches the critical zone, we may then look for bearish setups with bearish evidences in order to join the bears. Invalidation: This sell setup...
BTC dominance (BTC.D) continues raising, when will it stop? Base on a simple Fibonacci retracement draw, we can expect the (72 - 74%) values will be the top of this rise. There was a small difference (about 1-2%) between Tradingview and Coinmarketcap.com's calculation. So the relative values for coinmarketcap.com should be 70 to 72%. We are so close to the...
D1 - Bearish divergence. H4 - Breakout of the trend line, breakout of the 1.3250 level which is a critical one. Looking for sell setups with bearish evidences as long as the top holds at 1.3350.