Ethereum is forming an ascending triangle. It could break either way. In my opinion, I think we will break down with MAYBE another touch on the upper resistance line. I'm believe it will break down because Bitcoin is showing a lot of bearish signs. Again, this is just a guess and I could be wrong. Wait for confirmation and play the triangle. If this analysis is...
Bitcoin is showing some bearish signs on the RSI and MACD. We may get another low. That would mean that this bounce is a dead cat bounce and an ABC correction. Wave 5 could bring us to sub 6k ranges. So what would the best play be? For swing traders and day traders, this could be an opportunity to lock in some profits. I would back in on confirmation that the up...
H1 - Bearish divergence, pullback with false break, one leg divergence, price broke below the low at 1.25031. We might see the price pushing lower now. M30 - If the price moves lower and creates one more leg down with bullish divergence. Then we can go long with the breakout of the most recent high. Invalidation: If the price moves higher and breaks above the...
W1 - Price is at the middle of the range, hidden bearish divergence formed, band to band move. D1 - Bearish divergence forming, price is about to reach the magnet zone. We might expect a reversal from this zone or we might expect one more push to the upside and then a reversal to happen from there. H4 - False break but no divergence yet so we may expect one...
W1 - Price is nearing the magnet zone formed by the 50% fibo retrace of the special cycle and 61.8 fibo extension of the double cycle. Once the price reaches this magnet zone we can look for sells. D1 - Bearish convergence formed, we may now look for pullbacks and sells. H4 - Lower lows, we may now look for a flat correction in the form of a range or a double...
W1 - Double wave up, second leg is at 161.8 fibo level. Bearish divergence has formed. We may expect a reversal to happen from here. H4 - Price respected the uptrend line and broke below the last low. We may now expect pullbacks in the form of double wave up and then we can look for sells. As long as the high at 137.50 holds, we may look for bearish evidences...
W1 - Price moving inside channel, Currently the price which is near the top of this channel has bounced from the previous swing high. Bearish divergence is being formed. H4 - Special cycle completed, we may now expect the price to reach the 38.2% - 50% retrace zone. Bearish divergence followed by bearish convergence formed. We may now expect a flat correction...
D1 - Price broke below the bottom of the range, bearish convergence formed. We may now look for correction and then sells. H4 - Triple cycle down, price reached 50% retrace of this triple cycle, hidden bearish divergence formed. H1 - Double wave up, price reached the magnet zone, bearish divergence formed, reversal happened, price broke below the uptrend line....
H4 - Price broke below the H4 range with momentum. Bearish hidden divergence forming. Looks like a correction is happening now, once the correction completes itself, we can look for sells. M15- Double wave up, second leg is currently in the 61.8 fibo zone, bearish divergence has formed. If we get a bearish reversal then wait for the price to break below 135.10...
H4 - Triple cycle completed with bearish divergence. We may now expect double wave correction to the downside and the price to reach the zone of 38.2% - 50% fibo retrace level. Once the double wave correction completes in this zone, we can go long with the breakout of the most recent downtrend line.
H4 - Double wave up, second leg is developing we may expect the price to reach the magnet zone. H1 - Small double wave up forming. Currently a flat correction is happening and we may expect one more push to the upside with bearish divergence to form. Once the price reaches the magnet zone we can go short with the breakout of the most recent uptrend...
H4 - Bearish convergence, double wave correction, price broke below the uptrend line and is moving lower. H1 - Double wave up with bearish divergence price broke below the uptrend line, We have a big double wave down and the second leg of this double wave has broken below the 100 fibo level. A flat correction has happened, price broke below the bottom of this...
D1 - Price is at the top of the range. Special cycle completed. Bearish divergence formed. H4 - Bearish divergence followed by bearish convergence, we may now expect pullbacks and then we can look for sells. Target: Based on the special cycle we may expect the price to move lower until it reaches the zone of 38.2 fibo – 50 fibo retrace.
XRPUSDT Bearish Divergence in 4H Chart. Possible double bottom then going up.
D1 - Special cycle and big double cycle. First target reached, second target not reached yet. Correction happening now once it completes itself, we can look for sells. H4 - Triple (or special cycle) completed itself. We may expect double wave up with price reaching 50% retrace of this triple cycle. Bullish convergence, price moving inside bullish flag pattern....
H4 - Double cycle, price is at 61.8 fibo level. Bearish divergence has formed. M30 - Two false breaks. Aggressive Approach - Go ahead and sell now. Conservative Approach - Wait for a small pullback and then sell.
SELL Zone under 16889 (Target 8000), BUY Zone above 22700 (Target 30000). MACD bearish Divergence #lskbtc
Over the past few weeks, we have seen the price of ETH go parabolic. Anytime the price goes parabolic, the price will always experience a substantial correction. The question is not whether it will crash - it definitely will crash - but when is the peak. There are several signs that this is the top. 1. Bearish Divergence on MACD and RSI The prices are rising...