I have posted a chart on Aug 10 and said about the negative divergence in bitcoin chart. the trend line broke and the negative divergence confirmed so the price decreased. for now bitcoin is pulling back to the trend line. for the next hours we will see if it is just a pull back and the price will decrease more after pull back has completed or the bitcoin price...
Despite Golden cross is imminent and BTC made daily close above MA200 but BTCUSD pair has negative RSI divergence at 1D time frame. A correction coud come soon. Be careful !
I am not doing NQ because most of my money is into oil and Russell. But if I was into NQ now I would not be going for a long. The big negative divergence on RSI Makes me wiggle uncomfortably. . I am not to say that NQ will,dump big here. But I say a long here would not be wise for me. I don't know if others see to. But I do say be careful..
BTC have a strong support at $34000 and $32000 but it's possible loss these supports. I can't see lower than $31310. crab harmonic pattern: AB=0.61 XA BC=0.88 AB tp1=1.6 BC=$34121 tp2=1.6 XA=$31310 tp3=2.6 BC=$30745 tp4=3.6 BC=$27723
S&P 500 Index continues to trend higher in the short term. There is some negative divergence as exhibited in the RSI and KST which may signal a pullback in the index. If pullback does occur, support is observed around the 4300 price level
BTC USDT pair has a negative div at 4h. This could bring a short.
if someone buys in earning day maybe have a chance to sell between 90 to 95.
yesterday banknifty was bullish and today is big crash why? just because of negative divergence.
My first analysis so please dont sue me .. Its obvious from the chart that Silver was overpriced with all the FOMO buying. Time for Silver Bulls to take some profits. Overall its Bullish in the long run, So buying the dips / Limit Long would be recommended.
Hindalco has abcd pattern along with rsi negative divergence on daily chart. Targets on chart...
Recovery from the last downswing reached a 50% Fibonacci level. Possible trend correction happen.
The trend is sustaining on the resistance level with negative divergence, short below the support level Buy above the resistance level. But mostly it will go down.
Squeeze Momentum Indicator implies that the upwards retracement after the bottoms has come to an end. However, it has not given a clear signal of the direction of the next momentum in the market. By combining this information with the Volume Flow Indicator (VFI) we can see that the upwards trend is really losing its vitality. Besides this the occurring negative...
There is a multi-level head and shoulder pattern forming, and each time the shoulder resistance level has broken. Also, it has reached and going down the Fibonacci retracement levels, Potential pullback rally can start, Don't go for a higher profit.
1. Weekly chart-Negative reverse divergence indicated by RSI forming higher highs and the linear chart forming lower lows. 2. Price below moving average (20SMA) 3. RSI below 40