This hidden bearish divergence is valid only if we don't make a higher high on a price (2.09 is a resistance). If we stay below 2.09 down go EOS
We can also see a regular bearish divergence on a lower time frames.
This bullish divergence shows us that the price will bounce, making higher highs and higher lows. Our target is 877 SATS. But for those who wants easy profit, can close the trade at 857 SATS.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
This wedge can give BITMEX:XBT bulls some hope at least.
We also have a bullish divergence which has been playing out for well over 2 weeks, so there is still hope for some upside soon. But if I'm going by RSI, we should test that uptrend line at least one more time:
We have reached the target 3200 as expected. I think the time to retest 4000, 4150 W1 EMA200 and 4400 prev high in an upwards correction will come soon as more buyers step in.
SEC ETF deadline is postponed once again to Feb 27 as expected - no surprise runs any time soon.
- oversold on W1 again
- almost touched W1 SMA200 support
- divergence forming on ...
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AMEX:XLU seems to develop bearish divergences that push the price down towards this bullish trend line (in the purple). The bearish movement could take some time to develop. We could see more bullish movement in the short term.
Trading Bias: Neutral - depending on which scenario gets triggered first.
Here we see RSI diverging quite strongly, suggesting a potential bounce off the support channel. However, we also see BTCUSD in a clear downtrend at the moment. This leads to 2 potential scenarios
If we break and close above the blue trendline then upside targets are in play.
If we ...
after a large drop google seems to be gaining some momentum to the upside as there is no overextension on the rsi and there is also a price and momentum divergence which is considered a bull signal. Id refuse to buy at market price given the risk of a correction wave pulling us out of the market. However breaking above the support and closing above without ...
Ethereum's 18-22 bar daily cycle has bottomed along with its 240-minute cycle (also averaging 18-22 bars in length).
The MACD and RSI (14) indicators reveal a pronounced bullish price/momentum divergence, and there's also a tiny double-bottom pattern evident.
There is a TON of overhead supply for ETHUSD to claw its way through before any sustained, bullish trend ...