This idea looks like very good because this pattern is very trustworthy, also volume is descending and RSI shows divergence. I'll wait for broke of the neck line with a sell stop order because now i'm going to sleep, i hope when i wake up, be in profit xD Good trade!!!
I see a strong bullish divergence on the 4h chart. Additionally Bitcoin undercut its established trading range, suggesting a bounce back into the trading range and even higher. If we would have a breakout of the trading range to the upper side I'd be bearish, the RSI alignment and the undercutting of the trading range give me some bullish confluence. Longs will be...
The uptrend has been broke and RSI show exhaustion with divergence. Strong volume confirmed the break and is incresing. Sell in red zone. Target: Next support. Good Trade!!
Even with the recent decrease, the long-term ETH chart still looks bullish. The price created a double bottom (bullish reversal pattern) on September-December 2019 at ₿0.0175. The pattern was combined with significant bullish divergence in the weekly RSI which was also at its lowest ever level. The closest important resistance area is found at ₿0.037. As long as...
RSI divergence near the 2017 support. I have gone for 3R
Take a lok at the divergence btween the RSI and Price charts with its recent highs. There's also the Trend lines on the RSI that are testing below the Resistance trend hopefully will be a long term hold as the SPX needs to take a damn break. RSIRSIRSIRSIRSIRSIRSIRSIRSIRSISIRSIRSIRS
Will we get one more push down towards the area between the blue and yellow rectangles? The green box is unlikely to hold since the daily Stochastic has already broken its trend. The daily RSI has a slight bearish divergence. The volume to the downside is increasing and the macD histogram is ticking down. The daily TD is currently on a red 8 meaning another...
hidden bear div on hourly and 4h. small position because of the low weekend volume, so not risking a lot.
Current situation We have a few confluence factors for a move to the downside. Right now this pair is in a very interesting situation. We can see an inverted head and shoulders formation (It is also called a "W" formation). After this formation, it is normal to see a push to the downside especially when we are at a structural level. COT reports On AUD we can...
As you can see there is a bullish divergence on the XRPBTC 1D chart. This recently happened just 6 months ago between August and September 2019. We saw a 35% increase followed by a 38% increase after the first retrace (20%). We are in an eerily similar situation right now. We just saw a bullish divergence take place between December and January. We saw a 34%...
Have not seen such a divergence for a while in the daily (MACD, RSI). In theory, it should go down at least to 23,150 (Pivot Point) in the best case it should test the linear regression channel around 22,900. I am not sure if the BoJ has plans for any stimulus with regard to the COVID19. So be careful with this trade.
The 4H, 1D and 1W time frames are showing quite the strong RSI divergence. Looking to short with TP around 13000.
We may see a correction similar to that of mid january... price topped out with an RSI and MACD bearish divergence entry: 223.98 target: 196.02 stop: 233.16 3 R UIOGD - JMJ Travis
RSI divergence confirms uptrend continuation. Wait for trendline bounce with bullish candle and go long. Stop loss based on 1.8xATR and profit around recent key resistance points.
LONG NZD/USD, ***IF there is a retracement and a clear rejection around the 38,20% and 50% level of the fibonacci. The market rejected the 0,64500 key level (psychological level) and then created a higher high by braking the resistance level. There is also a divergence that can be seen on the chart and the RSI indicator (black lines). IMPORTANT : I am only showing...
Generally this divergence suggests this is the top. Here we have *just about* broken down out of an ascending wedge (a bearish pattern). This support is now turned resistance and ETC will have to either a) consolidate sideways or decline to support or b) bounce back into this wedge and close inside it to continue its rise. However, ETC has just recently broken...
Uptrend continuation, or am I smoking hopium? potential risk = gradual grind down to 15 sat potential upside = massive or is doge dead?