DAX has reached 1.382 a very typical level for a Wave B, we hadn't seen any real volume since march 2020, no clear indication of a true impulse wave, and it can be counted as ABC wave B with A=C. VERY BEARISH signal. Should find a support at 10700 and a real and structured impulse up afterwards. HUGE divergence on RSI monthly, and a meaningful on RSI weekly !
On weekly chart we can spot a double bottom, negative divergence plus the rsi downtrend. They are not good signs of course and with this and the Bitcoin and ethereum charts, I dont see a good future for crypto market at least now.
Hope im wrong, so lets see what happens next in long term charts.
Overall Trend - ⟰
Oscillator making lower highs where price made higher highs - representing bearish divergence.
Oscillator making lower lows and prices are still borderline lower low - representing multiple bullish hidden divergences.
Divergences are easy to spot. But, they are often overridden by hidden divergence which comes soon after. This happens because...
The ETC diagram can see a descending wedge if exiting those green targets , respectively , $ 53 and $ 60 respectively .
a positive divergence is occurring at macd, which can contribute to further development.
SE is looking quite nice here, been watching this one for a while- will be looking for a breakout from this pennant (broader market conditions permitting). Just some support and resistance levels and some RSI-based supply and demand zones to keep an eye on- Bullish
- Clean hammer & bounced right off the 20-day EMA on the 4-hour timeframe, other EMA's starting to...
PLUG in a critical spot here testing a long-term uptrend line. Watching this one closely, big symmetrical triangle on its yearly chart but also quite a large falling wedge (See Chart in Description Below). Bollinger bands are as tight as can be with some bullish divergence on the RSI- Just some FIB levels & RSI-based supply and demand zones to keep an eye on
These are just my analysis and predictions on SOLUSDT that I would like to share. This is not financial advice.
SOLUSDT Has many bullish signals in place. These include
1. Higher low after a series of lower lows
2. RSI Divergence from Sept. 22
3. Price hit strong support a few hours ago(light blue horizontal line)
4. Latest candle breaks Green moving average...
Hello IJackGang, I Wanted to talk to you all about Us30 and how we see she has been consolidating for the past 7 days, usually after a consolidation phase its usually followed by a big movement. So considering that analysis all we would really have to do to have a clear confirmation is to trap that consolidation period in a Block/Square piece.
All wed have to...
Been a while since I've posted an updated chart on ETH so please see previous charts in description below- Frankly ETH is looking quite nice at the moment holding a big symmetrical triangle on the 4-hour timeframe-
- Reclaimed the 50day EMA and others starting to curl upwards
- Bullish Gartley Harmonic Formed
- Bullish divergence on the RSI
- MACD Cross on the...
Quick and simple Tuto to show you how to Scalp an Hidden Divergence using EMAs + RSI. Timeframe is 4H.
- This Trading setup is only viable when you notice that the trend is making " Higher High " and indicators are making " Lower Low ".
- Buy Zones should be placed in 3 points
- First Buy should be the weaker one and the most dangerous, then you should add...
Very bullish on SEDG here along with many others in the sector- while certainly a longer-term play, will be watching for a breakout. ICLN & TAN look ready for a breakout as well (attached below along with previous chart)- some bigger support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on- Bullish all the way and...
Hi every one
Bitcoin / U.S. Dollar
BTC has Done a Correction in the recent days! but if we take a closer look at small time frames like 2Hours we can see that BTC has started a Sideway Trend which is still reliable! as you can see in this timeframe the Price has touched 44K several times but Bulls didn't let It fall Below There! and bears of course Didn't let...
#BITCOIN broke the uptrend line (green line) in the late June 2021 and these days it's pullbacking to it. A divergence (blue line) can be seen in the last days move which could lead to a divergence chain; so, a possible path for Bitcoin could be a sideways trend together with a divergence chain, like the one happened from late Feb to early May 2021;...