There is a divergence between RSI and Bitcoin price. In addition to that, Bitcoin price is breaking the trend line that has been guiding the price upwards since the beginning of the year. It seems that is time to digest gains for the next weeks ahead. Consolidation can only take two directions: sideways or down. The next important resistance could be 43k....
Chart shows it. RSI, MFI in DT. Short the rallies IMO. Overlay from October. Not investing advice, trade at ur own risk, GLTA!
Descending movement within the ascending wedge is so possible. RSI movement can confirm it that price movement is going to be descended.
CELO/USDT pair has formed a double bottom on the 1H timeframe. Even though the pattern might not look reliable at first, a key thing to note is the RSI divergence While the price has formed a lower low, the RSI has moved upwards. This indicates that the bulls are gaining momentum The price has broken the neckline so the pattern looks successful. The ATR value is...
Short on bitcoin?! Everything is saying YES, probably it's time to see a deep correction!
Short idea with multiple confluences. 30 minute is starting to make ists finally push into the entry while RSI should start to diverge. Great 1:11 R trade
In recent history, oversold and overbought indicators (marked with arrows) have strongly correlated with changes in price direction. On top of this, bullish divergence (orange lines) adds to a feeling of optimism about ADA's price. But whatever you do, don't listen to me. I'm just some guy and probably wrong.
NEAR is one of the newest cryptocurrencies on the market, and it is already making a name for itself after an almost 1,000% increase over the past three months. Fundamentals NEAR Protocol (NEAR) is a decentralized application platform created to help developers design their apps. The network runs on a Proof-of-Stake (PoS) consensus mechanism and aims to offer...
This is a great RSI Divergence Indicator: Magic-RSI-Divergence
Hi Guys, this is just some idea that I worked on GBP/USD This is in 1 hour time frame, there's still a possibility for the market to go down to around 1.38132 before going up to around 1.39255 please lemme know in the comment if there's anything that I could improve on Notes: please take this idea with grain of salt, as I just learning to forex trading Cheers :)
RSI divergence and nearing a support line. It could reverse before that support line.
Let's see if history will repeat itself or not this time.
three confirmations of four-hour bullish divergence on the cycle RSI indicator. Fibonacci price and buy targets on the chart. Good luck!
three confirmations of four-hour bullish divergence on the cycle RSI indicator. Fibonacci price and buy targets on the chart. Good luck!
three confirmations of four-hour bullish divergence on the cycle RSI indicator. Fibonacci price and buy targets on the chart. Good luck!
Three confirmations of four-hour bullish divergence on the cycle RSI indicator. Fibonacci price and buy targets on the chart. Good luck!
On the 4 hours chart, there is a divergence between the price and the RSI. The price is doing lower lows but the RSI is doing higher lows. In every new low, the price penetrates less and less the lower bollinger band. Bullish.