So Daily TF is overbought + massive bearish rsi divergence in 4H TF + weekly resistance zone ahead
you can take the position from here or wait for more confirmation.
you can check the lower TF for better entries and w8 the trend line to broke down
The price levels, which are currently 3.81, may fall further because it has broken the blue dotted line. If prices fall 12% lower and fall to the $3.2 levels (Yellow dotted line) and rise up from there, that is, if it makes a bottom again at this level, there may be a new rise. Because the RSI was 35 at the level when the price was $3.2, and it's 36 now, and it...
The US30 Dow Jones shows a positive divergence in this zone in RSI. Many rejections on the 61.8 Fibo level this zone can push the US30.
If the Dow breaks the lower low the next support zone are :
If we broke the negative divergence line we will see a big Bullish move.
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BTC.D is showing a little strength after bouncing off the upper line of SUPPORT S2.
PRICE ACTION making LL and RSI making HL which looks like a Bullish Divergence.
We could see BTC have a little relief rally, lets hope it is not a fake out.
The zone between 1783-1785 acted well as a support.
The demand area Below is a very good point to buy long the Gold if we break the trendline with the first supply zone 1838-1844 as TP1 and the next supply zone as TP2 after the breakout of the resistance zone between 1807-1811.
The Rsi show a positive Divergence.
55k critical level watchout for breakdown,retests or blunceoff.
I think a massive BULLISH DIVERGENCE will form in the 4 hour chart. 53k - 52k is our major support. I wish RSI hold above the previous low while the price is continues to create a lower low.
COIN has retraced back to support around the $300 level after a massive rally.
We can see daily bullish divergences on the MACD histogram and composite index.
Keep an eye out for a move up.
IV Rank is 33... selling options is ideal in these conditions
Check this out!
You can see huge volume rate on the top of minus REGULAR divergence on the chart and that means we have a drop onto our hunting area.
This area is a good zone for buy limit order. Our target is clear on the chart.
If we going to lose this zone then we will be able to hunt ENJ again on strong support zone under our hunting zone.
This one to me looks great on multiple timeframes with technical's and price indicating evidence of bottoming with another move higher.
Short term conditions -
Long term conditions -
My stop is 1 ATR below the .618 level and target is 2.20which represents a very good risk to...
Hello dear friends
Today I want to analyze WRXUSDT for you. Please follow me to deal with logic and learn.
The WRXUSDT is in a long-term uptrend and the $ 1 support area is very strong. And you can trust him. The first step to enter the high is 1.5 and the first price target is in the range of 2.66 and in the long run is in the range of $ 7, which can reach higher...
Shiba inu 4h
after this huge rise we all expect to have a correction and it's very risky to buy at this point and you shouldn't be greedy , sell your SHIB .
even RSI proves that we are nearly at the end of wave 5th.
always buy at the dips .
everything else is clear on the chart.
don't forget to like❤💕
There looks to be a high possibility that bitcoin is currently in an ABC correction coming down from the current ATH.
As shown, A ended at ~59.5k with a 5 wave correction down and now we are an ABC correction (shown in green) for a larger B correction up.
I think from here bitcoin will fall back to the 61k region with a bounce to 64k to complete the B wave....