CAH showing strong up-trending OBV, while forming a bull flag above the now support at $57.5 Earnings were a beat on result and guidance.
Reasons: - Trend line is broken up - Price seems to formed a accumulation period - Bullish divergence between price and oscillators - Bollinger bonds gained positive slope This is only how we interpret the market
We have a clear 'Triple Top' and have created a neckline entry point, we have also gone below the 200 SMA and we have very clear Regular Bearish Divergence, take your profit in this golden zone which is the 50% and 61.8% Fibonacci retracement
We fell through Ichimoku basic line and the Bollinger as well. It's time for a bigger correction downward now.
possible TP's are on the chart
Small TF small update: *Do notice OBV very bad movement atm... Weekly OBV also extreemly bad (As I showed on previous updates, it didn't change). * Also we were rejected by the 200e on daily. passing above it will shoot it up... * We are testing the hourly cloud too many times, it is also usually bad for the short term. * And to add to it we have hidden bearish...
S&P 500 Bollinger Bands Bollinger Bands consist of three bands They revolve around a centred simple moving average (SMA), with a default value of 20, of which 85% of the time, the price is held within the following boundaries: Lower band – SMA (minus two standard deviations) Upper band – SMA (plus two standard deviations)
The big picture on bitcoin continues to look bearish as the two week crypto ichi cloud is about to have a bearish T-K Cross under the cloud. The first two gold circles show a long term change in trend at T-K crosses. The first indicated that the bull market was beginning at about $370. The second firmly established the bear market and price action went form $8k...
We are holding well above the band and the Fibonacci correction levels, so that it seems to me to be more likely to rise further.
We have retraced the rise since yesterday. As long as we hold above the cloud I see a dood chance for a further rise today as I am expecting some more fluctuations due to the expiry date.
The CBOE 10D Put/Call sentiment shows very upbeat sentiment among market participants. They fear on missing out a year-end rally. Unfortunately, current readings coincided with those near tops during the past 42 months. Larger corrections unfolded shortly after the reading and further upside was limited at best.
after retracement price started to move up, and it's continuing inside uptrend channel IF the Red zone breaks we can expect that the price goes up at least to the green zone
BINANCE:BTCUSDT is beginning to enter a transitionary phase that could likely break the counter-cycle seen since the sell and buy walls created. Created this obvious barrier between both bull and bear with the clear and definitive prints. This is not a confirmation as of yet, though, something to keep an eye on if bulls can break the counter and go into...
BINANCE:MATICBTC is clearly giving that look again; one that looks as if the bots/HFTs are accumulating even more than before. Quite frankly, its the time now and Sandeep (MATIC CEO ) has left some whales beached; sand-deep in holding bags that could not support the liquidity. Due to numerous and massive nulls/voids left in the last "pump & dump." This group is...
after a big gap up right now the price needs to fill the gap and retrace from the high with a bearish divergence in volume we expect tesla go down in short term, we cant go into buying position unless the yellow zone is broken
If SPY fails to push higher over the next couple of days, it will look like a Head and Shoulders (H&S) pattern. That could signal a directional move downwards is in the works (red arrow). In case this warning is correct and it makes another lower low (dotted line), traders will be estimating the potential profit and stop-loss probabilities for a complex bounce off...
We exceeded the MA's and have retraced this move, i.e. we may rise further now.