Yesterday, USDCAD made this price Higher high, RSI lower high, if you know about technicals, you should know what's that suppose to mean, and then the price reversed , this is one of the best indicators to determine a local top to take profits.
BTC is approaching the resistance trendline of the falling wedge which formed on the 4h timeframe and the ichimoku cloud which is just above the current price if we see a good fix above the ichi cloud and above the resistance (around 41k) in the next 1 or 2 4h candles, given the recent bullish rsi divergence, we can expect some more upside from the big boy...
Holding the weekly bear flag although it broke many daily resistance already, we'll have to wait for a close as the last 6 weeks have been. WAITING
if we see a breakout from the downtrend, given the bullish RSI divergence printed on 4h chart and the double bottom pattern which formed in the last days, we can expect a good 15% move up what do you think?
Shreerama Multi Tech formed bullish RSI divergence on the daily chart. Entry taking around 15-16 for target of 23/30. Trading above 50 EMA
Hey Traders, On the four-hour, we can see the MACD is creeping up to a bullish histogram while the RSI is indicating strength is coming back into the market temporarily. If this happens we will definitely cross the four-hour ema orange basis line of the Bollinger Bands . Safe Trading, -Pulkanator
How I think the RSI will bottom based on past moves and current pattern.
GDXJ is showing some nice bullish divergence in the pennant of a bull flag on the 4hr and daily RSI. Upside is 30%+ and if it breaks down below the lows of the flag it'd be time to get out. This is obviously dependent on what Gold spot price does. So, if XAU decides to finally use that hidden bullish divergence to head to all-time highs, then gold miners are...
Hidden Positive Divergence Between Price and RSI on 1H Timeframe
Price at the supply zone and in cp(feshordeghi) ---- Prices in supply areas and in cp (compression) reaction to the trend line and the latest bull candle show market decision RSI Divergence DONT FORGET DOWN TREND! ------------- I decided to put live chart tutorials and tips on my page so you can analyze the market accurately. Join me to see the rest of the...
im ready to long BAT as it formed a bullish rsi divergence on the daily timeframe in the past days and is now testing the 0.78 resistance: if we see a good 1D close above the 0.78 level we can set a nice long order targeting 0.94 stop loss would be around 0.71 for me let me know what you think about this
hello everyone Bear flag of the may continues with a red candle on April, but we have divergence both on weekly and daily, With the price this close to support level of 1.078$ we have a better chance of having a wedge behavior here( weak trend lines may not be in the favor wedge pattern). resistance level 1.09$
Basically the same idea that I posted last week about the Bearish Divergence in $DXY but more time has passed, and it looks even more pronounced in the Euro itself. Pick your poison: /6E, /M6E, EURUSD are all good Long candidates to play this idea. Another good option could be to short /SFX - which is the Small Exchange's US Dollar Futures contract. If you don't...
dsdt dominance is near to old uptrend And in 4h timeframe we see divergence on rsi, We expect to be rejected from the 4.7 range and see a market recovery
GBPUSD has shown a bullish divergence and we are currently at an area of support meaning that a short term long is likely. Remember to DYOR before investing and trading!
Hey Traders, As you can see on the Daily Chart of Litecoin. The support/ resistance line has been very key in the past, but now it is acting as resistance again. The RSI is ramping up hinting a breakout! Hope you can trade this! Safe Trading, -Pulkanator
hello everyone Last week candle was a big red one for almost 80% of cryptocurrencies, and for the last couple of days we saw the same behavior until 12th of Apr. Since then we have been moving in a channel in between resistance level of 18.30$ & support level of 17$( it was mostly the trend line). For now we have divergence in RSI in 4 hours ,so the price...
Just reminding you that we are in the middle of an extremely important Range. Perhaps the strongest support of the last 2 years. Who wants a safe buy is right above the green arrows with stop below the fibo retracement lines at 0.382 and 0.5... This is what I will do for a long-term buy, in the most this region there is buy day trading and swing