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...
Hi every one
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.
Hi every one
Bitcoin / U.S. Dollar
there are 2 scenarios for BTC right now one is a bearish pennant which if the price would obey it,The price shall fall to 18K! because when ever a flag/pennant is visible the price can change as much as It's flag/pennant pole! there is a Hidden bearish Divergence (-HD) on MACD as well which is pretty Important for the bear...
Apple had a hype rally in the Post-market after a beat in earnings but all gains were quickly lost after hitting the 0.786 Fibonacci Retrace and now we have confirmed Hidden Bearish Divergence on the MACD. I expect that Apple will trade lower to fill 1-2 of the gaps it created on the way up.
BTC looks to have reversed (at least temporarily) after demonstrating some reversal trends (see my previous posts). However, there is still a bit of resistance on the horizon in my opinion.
For the current price action, BTC looks to have come close to the downside channel's top (red lines) near some strong Fibonacci resistance from the original 43K bottom...
Here's a little trade set up on another, mostly, penny stock. NASDAQ:SPWR is bouncing off the bottom of a long-running bullish channel. Within this channel, 2 symmetric triangle patterns are in development.
Our price is closing in on the apex of the first symmetric triangle in a matter of days, and at the same time, we have developed Class A Hidden Bullish...
Looking for the continuation of this down trend after a long daily retracement. Hidden bearish divergence on the 1H and 1D charts. Long term sell
Hope you all had an amazing holiday/rest :)
D1 - Price has reached an important resistance zone, we have a hidden bearish divergence followed by potential continuing divergence.
H4 - We have two key resistance zones that have formed based on the fibonacci expansion levels of the cycles we have.
Price has reached the first key resistance zone, bearish divergence.
H1 - The swing on the H1 chart is...
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...
Very simple stuff here. The run from 7.5k all the way to 10.5k was certainly fun but it didn´t came without a cost. Looking at the RSI, we have a confirmed hidden bearish divergence on the 1D and today, assuming we close below 9300 or so, we are going to confirm it on a 2D time frame as well. Potential target range is between 8.4k to 8.8k, with special attention...
W1 - Price broke below the triangle pattern.
D1- Price broke below the range.
H4 - Currently it looks like a pullback is happening, we also have potential bearish hidden divergence.
We may now look for bearish setups with more bearish evidences in order to join the bears.
D1 - Price broke below the triangle pattern, we got pullbacks in the form of double wave, bearish divergence and then we got a trend line breakout.
H4 - Currently it looks like a pullback is happening, bearish hidden divergence.
H1 - Double wave up, bearish divergence.
The price has broken below the most recent trend line we may now start looking for sells...
W1 - Price broke below the uptrend line, currently it looks like the price is retesting the breakout.
D1 - Hidden bearish divergence.
H4 - Price has reached a critical zone formed by the fibo level of the cycle and the weekly uptrend line, bearish divergence.
We may now look for more evidences of bearish pressure in order to join the bears.