Coming out of the Falling Wedge we have Double Bottomed testing previous resistance as support. MACD, RSI and Stoch Showing Bullish Divergences. Near future incoming price at 62-78 SAT range as shown in blue box. This is not Financial Advice. Good Luck Traders!
TWLO has been pulling back since mid-July with the pullback now trying to bounce off the 61.8% retracement level. A bullish divergence has formed between price & RSI as well. There is potential resistance around $122. If it can get above that level then I would be looking at the 38.2% Fibonacci Extension level.
- ETH/BTC is forming a hidden bullish divergence on the daily chart. - Expecting price to go up soon. - Confirmation ONLY when RSI close above 50. - Patience..
Hi Traders! The market was moving in a good uptrend. Now it is getting weak because of the trendlines you can see and the volatility decreases. It is now possible to slowly start a new downtrend. Furthermore, the RSI is firstly overbought and secoundly it shows a divergence. We recommend to sell the brakout with two 2TP-Targets with a risk-to-reward of 1 to 2/6....
CHART ANALYSIS Looking at the weekly chart of the S&P500, you can see the price has been making higher highs since January 2018. However, the RSI indicator hasn’t… The RSI or Relative Strength Index is a popular indicator used for when you buy or sell trades. All you need to know is the RSI measures the speed and change of market price movements. And if...
Hi! In front of you the weekly chart (!) of XLM As you can see there is a bullish divergence on the RSI. On the weekly chart. Yes. It means that the price is decreasing while the RSI is increasing. That's a pretty big bullish signal. imo bulls are taking positions for a new bull run. Appreciate your likes, thanks for that.
I think the gold is going down that is due to the dip in MACD and the semi saturation in STOCHASTIC there is good movement on RSI -* I think that if it is reflected in the specified area I will sell *-
Chart speaks for itself. The only invalidation will come is if price action goes below wave 2.
Considering the daily time frame showing possible bullish divergence. If we're following Elliott wave theory it seems a long WXY correction is not yet over. As it must respect Fibonacci ratios which are most the golden ratio of 61.8. The bull scenario here if it will break out from the trend line resistance. It's still possible since bullish divergence is...
Hi, In front of you the 4hr chart of XRP, I'm using some indicators: MACD, RSI, MA200 and support & resistance lines (actually a multi-indicator) Bullish scenario with arguments / conditions - Right now xrp is in a triangle with a 80% chance breaking up. - RSI is showing bullish divergence (also on daily chart) - Macd is building bullish move - If it breaks up...
Believe we're at the bottom of a Falling Wedge. Bullish Divergences on the MACD and RSI See 95 - 115 SAT incoming then a correction to the low 60's. My opinions, Not Financial Advice! Good luck Traders!
Thanks for checking out this post, sorry about the right side of the graph, if you take your time with it I think it'll make sense, everything there is important, and I'll answer any questions you may have. I think right now we are in a B wave of an ABC to the downside, details are in the chart visual and verbal.
EurNzd has developed a RSI divergence in h1 chart, the volume on the last candle are high and it represents a bigger interest for the sellers than the buyer; price has had touched 161.8 extension of Fibonacci and it is usually an important resistance level. I will update tp and sl
Possible sells. Use proper risk management.
Well, oil shot up this morning (I know ... news flash!), and it shot up really BIG! At one point it was touching the 15% gain mark, but has since retreated, while creating a double top. I played the big gain, and now I'm going to play the profit taking. Double top, RSI divergence, and a shooting star ... what's not to like if you wanna play this short? Profit...