H4 - Special cycle has completed itself, currently a correction is happening. We may expect this correction to happen in the form of double wave up until price reaches the 38.2% – 50% fibo retrace zone. Once the price reaches this zone look for evidences of bearish reversal in the form of bearish divergence, false break, trend line breakout, etc.. We may then...
It is weekend, time to trade Bitcoin. Trading on the stock market was not going well. So good times must follow bad ones. I don't believe that bitcoin will be now skyrocketing. Bears are about to return. Bearish Signals: Bearish Crab Fake Breakout Bar on the top Bearish Divergence ***This information is not a recommendation to buy or sell. It is to be used...
Looking like a bearish divergence on the daily, let's see where this goes!
ETH/BTC is currently showing a bearish divergence after a rally and a possible resistance at 1.618 Fib level at around 0.062. We might see it fall to the first support at around 0.059 and then to 0.052, which is 0.5 Fib level.
W1 - Double cycle up completed, we may now expect the price to move lower until it reaches the 38.2 fibo retrace zone of this entire double cycle. D1 - Price broke at the top of the range, if this turns out to be a false break, we may then expect the price to move lower until it reaches the bottom of this range. If the price breaks below the bottom of this range...
H4 - Triple cycle up forming, we have a magnet zone based on the fibo extension levels of the two double cycles. We may now expect one more push higher with price reaching the magnet zone and a bearish reversal to happen from there. H1 - Price is respecting the uptrend line so far. We may now expect one more push higher with bearish divergence to form. We may...
Room to fall down to .382 fib level. ADX bear cross Stoch should range before it diverges in a bullish fashion.
D1 - Hidden bearish divergence. H4 - Bearish divergence. Double cycle up, the second leg of this double cycle has reached the magnet zone. We may expect a bearish reversal to happen from this zone and we can go short with the breakout of the most recent uptrend line.
H4 - Triple cycle up, the third leg of this triple cycle is moving higher towards the second magnet zone. From this zone we can start looking for a possible stop and retrace signs. if we can see any, we can think about some sells from here. If this zone doesn't hold, we may then expect the price to move higher and reach the third magnet zone and may look for a...
D1 - Price moving inside a bullish channel. Price which reached the top of this channel is currently moving lower. We may expect it to move lower until it reaches the bottom of this channel. H1 - Bearish divergence, price broke the most recent uptrend line which we may consider as an evidence for bearish pressure. Everything looks good here to start looking for...
D1 - Price is moving inside a channel. Currently the price is near the middle of this channel. H4 - Hidden bearish divergence forming. H1 - Look for bearish divergence to form and then mark the most recent valid trend line to attack sells. Invalidation - If price breaks above 0.8850, then this setup is invalidated.
H4 - Bearish divergence followed by bearish convergence. Price broke below the uptrend line. H1 - We may now look for pullbacks to happen. Once the pullbacks completes itself, we may start looking for sells.
W1 - Price is currently near the top of the range, price has also reached the magnet zone and also a bearish divergence has formed. D1 - Two potential false breaks and bearish divergence. H1 - We may now look for pullbacks and then sells. Invalidation: If the price moves higher and breaks above the last high then this setup is invalidated.
D1 - Price respecting downtrend line so far. We may expect the price to respect this dynamic resistance again and if it respects, we may expect it to move lower. Hidden bearish divergence has turned into continuing bearish divergence. H4 - Bearish divergence, perfect uptrend line. We may start looking for sells with the breakout of this uptrend line. Note: False...
D1 - False convergence, we may expect the price to respect the downtrend line and move lower again. H4 - Bearish divergence, price respecting alternative trend line. We also have a double wave up, we can go short with the breakout of the most recent uptrend line. H1 - Hidden bullish divergence, we may now expect one more push up towards the confluence point of...
D1 - Potential hidden bearish divergence forming. H4 - Double wave up, price has reached the 61.8% fibo extension zone. We have a magnet zone slightly higher based on the 38.2 - 50% fibo retrace of the special cycle and 100 fibo extension of the double cycle. Bearish divergence, the price has created a perfect uptrend line and once we get a valid breakout of...
what do you guys think?
H4 - Hidden bearish divergence, downtrend line is being respected. H1 - Double wave up, bearish divergence. Aggressive approach: Wait for the price to break below the most recent uptrend line and join the bears. Conservative approach: Wait for the price to break below the uptrend line and then look for a correction and then go short with the break of the most...