"Bearish OBV Divergence occurs when price advances but OBV declines."
Got a bearish flag on the OBV. With all the bullish flags being invalidated it makes me think the bearish flags will be validated. This chart is mostly just some points and patterns I found of interest. Not Really sure what to make of it all, what do you guys think? What patterns do you see?
Check the chart for text! Expecting some quick and heavy pullback
There's a lot going on on this chart, so don't worry, I'll explain it. You guys already know how bearish I am, and that I do believe BTC will hit the lower trend line of this triangle again and bounce before we hit $5k and bounce again. BUT, I'd be doing a disservice if I didn't consider this bullish view. I've been working with bullish scenarios and seeing which...
XRP Weekly Stochastic is already moving higher. Expect a next move up.
OBV breaking out of ascending triangle and bullish pennant breaking. 9.7 important resistance
Potential Long if 267 area breaks and holds. OnBalanceVolume (OBV) indicator showing a weekly falling wedge pattern. Notes on chart.
Against the concrete ceiling.
Hi, I just thought to quickly look at the chart and see when I can buy in again... Do you agree with me or would suggest something different? Thanks for looking at the chart! Have a nice day! Pat :)
A 1D overview of Bitcoin's recent history against the US Dollar on Bitfinex. Put simply, I'm not making any entries until price is back above the 21-day MA. This is my master chart layout and includes all of my frequently used indicators and conventions.
Everything confirms and shows a downtrend, but looking at the trendlines and centre line for the RSI indicator. It seems that we can perhaps hope for a reversal soon IF 1.Candle stick crosses the grey dotted line and we see higher highs. 2.OBV line crosses grey dotted line and we see an increase 3.RSI crosses centre line (50) for a bullish momentum. Do you agree...
If Bitcoin is the gold of cryptocurrencies, then Litecoin is the silver of cryptocurrencies. The only indicators you need are the following: On Balance Volume or the OBV – The OBV indicator is based on the idea that both the volume and the price activity are equally important. In this regard, the OBV combines both price and volume to show you the total amount of...
I would feel more confident if the ADX (black line) is above 20 but in a falling state. In this case it looks as if it increasing... My interpretation of Volume and Price: Volume Share Price Interpretation Decline Uptrend Bearish Decline Downtrend Bullish Increase Uptrend Bullish Increase Downtred Bearish What are your thoughts on GLBS ?...
BUY INFRATEL @ 350 STOP LOSS OF 335 TARGET 380 TIME FRAME 7 TO 10 DAY'S ON DAILY CHART STOCK CLOSED ABOVE PREVIOUS WEEK HIGH.
The rapid price increase is not supported by the on-balance volume. Expect reversal soon.
huge divergence in price/obv. step in after breakout. dont FOMO.
Against a background of bullish weekly signals for sentiment, CABLE continues to track the upper band of a rising daily Keltner channel. There was limited movement in this currency pair Tuesday but it is the buying of a modest profit taking dip that emphasises the underlying tone. Therefore, this morning’s call is Bullish fat 1.3765 but leaving room to also buy a...