I see Bitcoin as ready to fall as its next move. Short sellers are positioning. Volumes are falling in a signal of capitulation. Relative strength is showing bearish divergence while price is in consolidation. The boxes are checked and it is the weekend when the price volume trend is typically sideways. This is demonstrated by the flatline PVT. I will...
Is NZDCAD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.88600 What you guys think of it?
Gold seems to be on track to completing a fractal of the mid 70s to Late 90s where it resets over 20 years of Price of Bullish Price action by way of losing over 70% of its value after a previous inflation fueled rally. Now we can see that we have the 20 Year Trend Line, A bearish Alt Bat, Bearish PPO Confirmation, and Bearish Divergence all as we head back...
AMZN has ascended 15% in the past two months. As shown on the 4H chart, dynamic resistance has been the red lines designating two standard deviations above mean VWAPs are anchored in February and early May. The two indicators however suggest bearish divergence. The zero-lag has lower highs and lower lows on the K / D line excursions. The Chris Moody dual...
Highly bearish confluences of strong signals on 1D chart of ADAUSDT. The price action reached supply. Double top formation. Overbought. Heading downward. Potential Head & Shoulders scenario development till the final of April. Grey area is a not-trade-zone. Technicals: * ABCD reciprocal .886:1.128; * Fisher Transform bearish cross / bearish divergence; * Chaikin...
TA is a LIE there's absolutely no reason why XRP going up. Please don't destroy my short. It's a dinosaur dead coin with poor fundamentals. Doesn't have smart contracts, after more than 10 years. Mostly hyped up by early investors. People predict on internet this coin will 1000x and eat all other crypto. 1500 tps poor. If this stuff pumps then TA is a f... scam!
We seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences. At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes. We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
We are likely to see and ABCD move downwards from here as we have been showing some fairly bearish price action near the PCZ of a Bearish Gartley and are in a Bearish Trend.
We have Bearish Divergence on both the MACD and RSI. I previously pointed out this ABCD on a different chart but today we got one of the most Bearish Daily Candlestick Pattern Confirmations that we could ask for at these levels and it is in the form of a Bullish 3 Line Strike and are Diverging on Both indicators. I will have stops above the terminal bar's high...
We got a bearish Shooting-Star reversal pattern at the pcz of a bearish alternate bat pattern and rsi bearish divergence
Intervla: 4hrs Description: After missed incline, ETH descended on the stairs now push to step up before looses another step.
High volatility and "rock and roll"... seen over the last 8 hours... Mid Bollinger, leading support indicator, worked once again perfectly well on a closing level basis :-) Last H4 candle on a closing basis triggered firstly a long white bullish candle..but secondly also triggered a second RSI bearish divergences, calling for a greater caution. In addition, a...
We have bearish divergence on momentum and rsi at an important fib lvl after breaking the trend and bearishly engulfing on the weekly
IN AUDCAD we can see price is rejecting from its daily and 4H strong reistance zone and now price is forming rising wedge patterns in uptrend which is the sign of reversal one more confirmation is rsi bearish divergence but we need to confirm this after the breakout of rising wedge down side than we entr short position and out targets are wedge starting point...
This has been a fun one to milk quick 20-30% moves out of.
Gold has hit the previous structure and resistance zone at 1790-1800. It has formed a hanging man candlestick pattern on 1-hour chart with negative divergences on MACD and RSI indicators. Expect gold to pull back to 1750-1760 support zone when gold breaks 1780 level.
Bearish Divergence on the RSI at the 0.886 and Forming a Rising Wedge on the Daily. I think we will make atleast a 50 percent retrace before we get the next bullish opportunity for the USD arises.