Months of bear divergence and hidden bull divergence broken when we made our real lower low supported by that lower high. our bulls divergence + hidden bear break when BTC get its higher high but that situation isn't supported by a higher low we made lower low instead, we had our 2nd bull divergence, but it's unclear because we can potentialy had a hidden bear...
We did break the 46.25, but we quickly went back to the range. That’s fine, as NIO needs more accumulation, and let the BB get tight again. Sooner or later, we’ll explode and by looking at the RSI and considering we are above a support area, it seems it’ll break up!
The problem is that we could be more oversold in the 4h chart, but I’m not complaining. NIO is...
Just like PLTR, we have an advanced breakout on WISH too, but the price didn’t confirm any buy yet. We are still accumulating, and the Bollinger Bands are very tight. It’ll explode soon, and it looks like it’ll be up.
We are bouncing after we hit the 10.37, and we even went outside the BBs for one moment, indicating some fatigue. Again, we have no buy yet, but...
#GOLD bounced over the primary uptrend and the support area at $1766 confirmed by a bullish divergence from the RSI and the MACD provided a positive signal as well. Hence, GOLD is in the stage to test the resistance area at $1855 then $1917 as long as it continues above the upward trendline.
A diminishingly bullish RSI pattern has been forming since january, and it's FINALLY looking to break here. The RSI is testing the upper resistance constantly and considering the price action recently it's looking quite bullish.
Sharing idea after long time.....
While going through charts observed this. Nifty weekly chart is having RSI divergence. RSI divergence is extremely reliable tool to predict price action in near future.
Traders need to go back in history and analyze RSI divergence(Bullish or Bearish) with different price charts.
Have marked Fibonacci levels for...
Possible break of downward RSI trendline might test initial 40K-41k resistance level,and inorder to stay bullish RSI needs to stay above 50level if it breaks from here. . Looks like the rsi_divergence from last update was playing out
I will be playing XRP for a potential Bullish Bounce for now but i will be exiting around the 50 percent retracement due to the potential of developing a Bearish 5-0 later.
ETH sitting right on its 20day EMA at the moment and approaching the end of another rising wedge ( bearish )- See Previous Charts
- Following an ABCDE pattern from the previous rising wedge it broke below
- Bearish divergence on the RSI
- Expecting further downside, watching for a long-term entry circa/sub $2,000
ETH forming a symmetrical triangle- will be...
Bitcoin is in very important situation.
It has the resistant area of 41k to 42k ahead and also EMA-200 an daily chart.
EMA-50 is already crossed the EMA-100 downside on daily chart
the RSI indicates that Bitcoin probably is going for lower prices.
in this scenario , the next support level (between 30k and 31k) on daily chart can respond to sellers and bounce the...
