Hi Guys, WISH is moving inside a falling wedge in the daily chart. Two third of this wedge is approximately end of January (blue box) where the price might realistically break the red trendline of resistence and reach the 6$.
If this will happen, next price targets will be the 9$ gap filling and mostly the 15$ level, which represent the target given by the height...
NIO has been in a decreasing trend since the beginning of the year, which has been confirmed with a couple of bounces. Nevertheless, chances are that the price of these shares break this trend line and starts increasing, having as a first objective attaining $49-50 per share.
The MACD indicator is right now pointing upwards, which means that the two lines that...
we can update last analysis by this analyse.
support line extended and in this analysis use normal chart (non logarithmic).
2 rule can set. if break resistance line and pullback we can long on it and if resistance line worked the 5 wave confirmed and after break support line we can use short.
see macd and rsi resistance line !!!!!! can create a new bearish...
📈 CHART & INDICATOR ANALYSIS 📉
Previously on my analysis on EURUSD. I'm biased shorting it.
Here we got an alternate scenario signal from MACD indicator where
it divergence Higher High both on MACD signal line and the histogram.
Which one is your bias, based on naked chart analysis or indicator ?
Let's see where are we going next couple months!
Trade wisely...
Hello All,
Bitcoin is seeing some very bearish signs on the weekly chart. We had just seen 3 white soldiers pattern end with an ATH blow off top and grave stone doji. Historically this has marked the end of a run up.
Will it be the same this time?
In my opinion, I believe so. We are seeing a lot of bearish divergence on MACD/RSI. As well as bearish price action...
Hello everyone, as we all know the market action discounts everything :)
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The ETH token is at risk of dropping back to the 3000$ level in the next period of time as the chart showed 2 divergences between the market and the RSI and MACD.
when the...
EM possible switch from bearish to bullish from MACD and RSI upticks.
Red verticle lines placed on 1D lower lows.
Green verticle lines placed on 1D lower highs.
MACD is possible to cross over into positive territory.
PT from multiple groups of ~$13USD.
NASDAQ:EM
The SPY's daily graph isn't looking as good with a few indicators that look very bearish on the daily graph. The NASDAQ on the other hand appears to have rallied out of its slump from the beginning of the day, providing a breath of relief for bullish investors, however, this trend has not been confirmed yet and suggests merely a temporary shift before continuation...
Since $AMC broke out of the huge wedge on the 20th of Aug, it has been forming a rising wedge approaching the low 50s. However, you can see the 14-day RSI is approaching overbought territory and there is a divergence in the MACD. This is a time to take profit or stock up on more once it reaches 45USD (0.382 fib level)
Bitcoins weekly candle will be coming to a close in less than 24 hours. There does seem to be a decrease in volume in the last couple weeks. Also there is a clear divergence with MACD and Price. If Bitcoin does not hold this support level I will be looking to take some profits. Keep a close eye on that level.
Here is my idea , first of all the the major element is $BAT breaks its daily fibo retracement 0.382 and supported some how at this level, not only it was the top trend on social medias yesterday, in otherhand it gains the enough momentum to break the RSI Daily downtrend in a blink ! ;)
In 4H timeframe , BAT actually printed the cup pattern and it has a lotf of...
This idea is to short BTC as we have a divergence in BTC raising price and the MACD and RSI.
Although I am bullish long term, I believe we may fall to the bull market support bands. Once we reach the support bands it will be key to see if BTC holds this before estimating future price action.
Take care yall.
I was waiting for the Risk to reward ratio to line up before posting this we're testing the old line to try to find resistance at old support here and that's allowed the R:R to be acceptable. Now would be the chance to enter.
