Excuse me! It is not known what will happen with this current BTC situation. Nobody knows. BUT... Here is a chart that shows what I mean. The upper part is BTCUSDT October-November 2019. while the lower one is today, i.e. 2023. Did you notice the similarity? Historically similar. It is not possible to conclude from these that this is how the exchange rate...
BINANCE:BTCUSDT COINBASE:BTCUSD Hey everyone, first take a look at my previous BTCUSDT & ETHUSDT analysis and positions. Bitcoin may experience growth to 28K near this month's Retail Sales release. The trend is still bearish and the price takes another step for further correction with each rise. Next station for BTC is near 200EMA (25200-25400). Don't...
Hi traders, Sell on US100... Why? 1. Divergence on the 4 hour. 2. Strong fake out rejection on the 4 hour. 3. Big fakeout rejection to the upside on the 4 hour. 4. Broke the last low on the 1 hour. US100 could possibly do a small stop hunt to the upside before dropping further down. Let's anticipate! What do you think of this analyses? Let me know! Have...
From last few days SnP500 is been on enormous bullish run. Every time after providing pivot to inclining trendline it just flew away. After looking to past data will the instrument provide 3rd pivot to inclining trendline?
One of the most important things in trading is forego your own wants and want what the market wants. When Glenn Neely and I first came up with the x-wave idea for BTC, I did not want to believe it was true and I continued to WANT my diametric pattern to be the end of the bear market, as it had been for the last few months. As time has gone on it gets harder to...
Like most other tokens, ONE has been selling off for a couple of weeks now. With BTC appearing neutral, it's time to look at these weaker tokens for potential upside. I'm waiting for ONE to break through the 0.01465 local resistance. Once above, we can make an entry from that resistance, targeting the most recent local top of 0.025, with a stop below the most...
GOLD-USD is moving in BULLISH direction from last few hours. However, in this technical analysis, several indications are presented which suggests the possible reversal of this precious metal instrument. Firstly, there is a presence of BEARISH divergence, instead the price is steadily RISING, the Relative Strength Index (RSI) has been showing a downward movement...
APE has been roughly selling off since the start of the year. This trade anticipates that the selling is over and that the bottom is in for the time being. The idea is that the massive bullish divergence on the price vs RSI will cause a huge uptick in bullish pressure, further reassured by a bullish long-term BTC and stock market. When we place the stop below the...
LTCUSDT seems to be in bullish trend but currently facing long term and medium term resistance in $93 region. Will the instrument give respect to technical confluences and face rejection ?
AAPL is set to drop based on multiple indicators on this hourly chart. Some key indicators to look at are: Divergence+ Sell signal. These signals are strong and have a high accuracy, so accurate the creator charges a subscription and as a retired options swing trader who does not currently use the indicator for personal use has made enough money off the script to...
We can see a divergence as it matures. We can expect a correction in the trend and take short positions.
We can see a clear divergence, and we can expect a reversal from here.
FET was one of the major winners of the first few months of 2023, but has been severely lacking over the last months. However, after FET reached daily oversold levels on the RSI recently, it caught my attention. At the moment I'm seeing a strong bullish divergence on the chart, which could be an indication of a reversal. I'm waiting for the price to close above...
ARBUSDT was trading in long term bearish trend and now finally breakout from falling trendline. Will it continue its bullish trajectory from this point?
Good divergence on CNC With the falling market , metals will pump so I am hoping this is a good time
Moving average oscillators showing a nice triangulated battle zone ahead for the Dow30 A major bull divergence support trend line is holding and nearing a push through the 0 value MA. Yet some minor bear divergence formed on the recent bull push that was rejected. I'm neutral here. Will patiently wait for some confirmation Set alerts on trend lines and let...
GBPUSD is trading in bearish parallel channel, and currently created a strong support near channel bottom with strong bullish divergence. Will GBPUSD show some bullish momentum from this point?
This probably is not a good sign for the SP:SPX , as these assets are highly correlated (0.88) and normally AMEX:CPER leads the business cycle. Also, the TVC:VIX is back above 20 and NASDAQ:TLT hasn't resume its downtrend. Even the dollar AMEX:UUP is showing strength again. I'm 87% in cash and also have tighten all my stops. Let's wait and see if the...