The Bitcoin bull trap has come to an end and it seems the dominant trend is resuming. The higher time-frames are showing severe hidden bearish divergence in the RSI. With the price making equal highs while the RSI made a significantly higher high. I was skeptical of the rally as the volume was far too low to be confirming a trend reversal. Entered shorts above 4k...
This is not an asset I would want to be buying here. There's several red flags in the chart.
#1 Declining volume. While the price is going up, the volume has been dropping off. This shows less and less participation as the price goes higher, not a sign of strength.
#2 Hidden bearish divergence up to the 3 day timeframe. You have price making LOWER highs while...
After breaking out from the $4k resistance, I mentioned in my previous post that I had lost confidence in a full wave up to my $4600 target since we had that hidden bearish divergence on the 4H. There was also a slight resemblance to the fractal on 25/26 November when the bull flag failed and headed down to print a higher low at $3684. We've now printed a higher...
Following on from my previous post, we reached the $4200 target as expected and now there is hidden bearish divergence on the hourly chart. MACD and StochRSI are also starting to turn. Price has been following a broader descending channel since the price started crashing over a week ago and is sitting right at the channel resistance. Expecting another wave down...
There's a Hidden RSI Bearish Divergence on the Daily Chart indicating a possible downtrend continuation.
A break below and daily candle close below the trendline and we may see price go as low as ~1.21700 ( Previous Low of March)
Short Entry: At close of Daily Candle below trendline
TP 1: 1.27000
TP 2: 1.21700
This is longterm trade....
Price makes a lower high
Indicator (RSI) makes a higher high
Hidden bearish divergence
It's some hopium for the bears after that big green candle today. Wouldn't put too much weight on it. But there it is for whatever it's worth!
Bulls aren't completely out of the woods yet.
Gold closed at $ 1204.90/oz and traded with a fairly positive price movement on trading last week, where the lowest price was still in the weekly pivot area and the highest price was in the first weekly resistance area (R1), seen also experiencing a significant price spike in Friday (8/24). The price is very strong also still maintains price movements above the...
SHORT after retest on top previous Resistance. Short signal supported by Bearish Hidden Divergence, Strong Resistance , 50 ema retest and below 200 ema! What Else can you ask for? lol. but remember it still a risk!!
Be carefull out there. Im seeing a whole load of hidden bearisch divergence in the daily graph.
In my last idea I told that we could see some green movement to at least one of the trendlines formed by the triangle, but seeing this HBD makes me think that the uptrend could be over already.
A short term trade on ETH showing a Hidden Bearish Divergence on the 1 hour timeframe.
Good Risk / Reward ratio of 1.79
Target profits are as follow:
All the best from the Crypto Space
AI Trader assistant (15% discount) --> app.aitrader.ai
Looking to short.
Entry based on:
most recent zone of supply.
some important fibs
a low volume node that I think we'll be unable to thrust through
Top of 1H BBand that should serve as resistance
Looking for a retest of the support area, but not too confident in breaking any lows on this TF. Looking to take profit around the candle bodies near...
With the big bearish candle forming the newest high, hidden bearish divergence is confirmed. Low volume today already sent the price down sharply. Both Aussie and NZ news are coming up and I expect them to send the pair down.
Looks like FB will be a put. On the daily, FB is in the sell territory for CCI and STOCH RSI indicators, as well as, a bearish MACD hidden divergence. Not only that, it just bounced off the top BB. While the weekly looks like it should be a call, the monthly looks bearish, which I find very interesting. Lets see how this goes.