The QQQ has been trading at the PCZ of this Bearish Shark for quite a while now and it has recently come back to make a 3rd Consecutive Lower High with Hidden Bearish Divergence on the RSI and looks to be ready to confirm it as a 3 Falling Peaks Pattern that I think would result in a major move down towards the 800 EMA or even lower down to the pre-2022 levels.
META is showing heavy amounts of MACD Hidden Bearish Divergence and is Extremely Overbought on the PPO after making a 0.786 Fibonacci Retrace of the 2021 Highs and now it is potentially looking to end the BC Wave and begin a CD Wave, which would take it all the way down to the 1.272 Fibonacci Extension located at the $23.56 level.
We have some Hidden Bearish Divergence on the monthly MACD as the GBP is failing to get above the highs for the 3rd time. This could eventually lead to a huge breakdown that could take it all the way down to the 1.618 Fibonacci Extension.
The ETH/LTC pair is currently showing us Hidden Bearish Divergence at the 1.618 Fibonacci Extension after previously breaking below the trendline, and the next likely level is all the way down at 1.67 as there are no other major support levels to hold once it really starts to break down.
Last week i posted about this Potential BAMM and Bear Flag Breakdown on ETH that would take us to the 1.618 Fibonacci Extension if real and now this week it looks like we are confirming the BAMM Trigger Line as Resistance as the Hidden Bearish Divergence Continues on the MACD. We have a Bearish Engulfing on the Monthly and just recently closed the Weekly below...
This is an update to the original $1100 BAMM target, it looks like we are in a Bearflag with Hidden Bearish Divergence that could put ETH on the path down to the 1.618 Below if the B point is broken.
Nike is yet to release their earnings but they will be releasing them tomorrow and i'm anticipating that whatever they are will result in a downwards move towards the $65 area; I will be playing this move via Buying of the January and February $80 Puts and Selling the $100 January 20th calls.
The next potential bear trend for a bearish scalping will stay below LSMA. Bearish hidden divergence on Chaikin Oscillator which looks like ready to dive below zero line. Harmonic target area between 14.6% Fibonacci Retracement from peak amid 88.6% of prior upward retrace.
XAU/USD is in bearish trend on 1H. Price is currently at a falling resistance. There is a hidden bearish divergence on RSI too.
A break above falling trendline might give control to bulls. Wait for confirmation before going in any direction.
Trade safe. Hit like & follow for more analysis.
BTCUSDT AB=CD Harmonic potential target plus major Head and Shoulders target. Oscillator Ehlers' Stochastic Center of Gravity ( ) hidden bearish divergence. 30M overbought.
Hidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .
We have Hidden MACD Bearish Divergence on the Monthly and if proceeded by follow-through price action we can be in the midst of breaking through the confirmation line of a 3 Rising Peaks. Upon Breaking through i suspect it will give us an ABCD BAMM movement all the way down to a minimum 88.6% retracement but at a maximum it could go slightly lower than that.
All ADA managed to do here from it's 35% PCZ/Congestion Area was Pathetically Test the top of the Congestion zone as Resistance and further solidify the Bearish Trend we are in. We are now breaking through ADA's last major support level and there's nothing below that it can catch support from until it reaches 39 cents.
On a side note we also confirmed some really...
Hi every one
Ethereum / U.S. Dollar
ETH has done massive movements but now we can see a Pattern that will Increase ETH Even more! as you can see ETH is forming a inverse Head and shoulder pattern! this bullish pattern is not completed yet But we see a Hidden Bearish Divergence (-HD) on MACD which says It is time for bearish Movement. we can see clearly that it...
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EOS / TETHERUS
EOS is in a Bullish and a Bearish situation! as you can see In the First chart The Price is ranging in a Bearish Parallel Channel and There is also a Hidden Bearish Divergence (-HD) On MACD which suggest that the Bearish Channel is still reliable. The only thing we can Hope of is that the Price would fall to the Middle of the channel...
Simply put, Bitcoin is setting a higher high on the RSI while the price is setting a LH.
Unless BTC manages to break the price above with a matching HH, then expect a dump triggered by a Hidden Bearish Divergence.
Most afternoon BTC spent it battling the 200 SMA of the 1H chart. If BTC passes, then it needs to invalidate the hidden bearish divergence on the 1H & 4H charts to get to battle the 50k resistance.
If it fails, it’s a free fall from here to 47.6k then 44k if it doesn’t hold.
Personally I remain bearish on the short term unless BTC goes through walls stated above.
