Just wanted to show another analysis but on the hourly chart. Good chance this one could see a breakout soon.
Hi Traders! On 1h chart of NEOUSDT, I found both MACD and RSI formed divergence, and an uptrend is about to reverse. So it's time to take a short position to book some profit. Entry SHORT - 45 USDT TP - 42.75 SL - 46.62 Risk/Reward Ratio - 1.77 :)
EURUSD is on a bearish run. The sell zone with the darker red will be the area for traders who are looking for shorting opportunity. This is the level that is most likely to be broken, but if this level stays, it shows that we can expect the stronger bearish move is still in play. Overbought with RSI Divergence will be the signal for us to look for the trend...
Fractal analysis.
BMAX has given a long signal with: Break of a symmetrical triangle on the weekly chart Pennant broken RSI shows divergence on the weekly chart Prices are above 200MA 123 trend change
Some divergence in the chart highs and rsi highs, with downtrends in the upper time frames
If this rejection holds, stonks should proceed to "up-only". Rejection could be backed up by the Bearish RSI-divergence.
A bullish shark pattern is closing in and I'm waiting for a candle confirmation at Point D for a buying opportunity.
Here I present my POV on Bitcoin's mid-tem action with a confluence of bearish signals seen on the daily chart. Even though Bitcoin is showing an impressive bullish strenght, it is also leaving some negative traces behind. Let's take a look at the potential worrying aspects: Rising wedge formation (magenta dashed lines): this pattern has a 60% probability of...
GRT/USDT pair has formed a large symmetrical triangle. The triangle has been formed in more than 30 days so the pattern looks reliable The breakout looks plausible because the ATR has also dropped to a major support level Additionally an RSI divergence can be spotted with increasing RSI while there is no change in price. This indicates a bullish breakout. Note...
Trendlines are amazing, there are many ways you can use them, for this instance I'm waiting for a shorting opportunity when the candle touches the red line but not closing above it. When it hit the middle trendline, I'm going to shift my stop-loss to entry and once it reaches the bottom trendline, as long as it closes below the trendline, I'm going to keep the...
After a week, EURUSD didn't create a new low on the daily chart. I'm waiting for a counter-trend opportunity. On the 1-hourly chart within the 4-hourly buy zone, there is an opportunity that awaits, at 1.1881 I'm waiting for a buying opportunity. Candle confirmation at that level became important to the trading setup.
As indicated on the chart, SGEN entered oversold territory at the end of October which was immediately followed by a Bullish RSI divergence. We can see that price just bounced at support line that has been holding strong since May and at the same time we received a bull signal from our MACD. SGEN is down over 40% since May and considering the strong bullish...
In late January KLR broke resistance and established a new support trendline. As you can see from the chart, KLR broke previous resistance in mid-January, at which time RSI crossed into overbought territory. Following this initial overbought indication we can clearly see a bearish divergence as price found higher highs numerous times while at the same time RSI...
As we may see in the chart, MACD is historically high even vs the IT bubble... We can also see MACD in daily is slowly going in a downtrend (just like it did in 07 untill it hit the absolute bottom in 08). RSI is showing a bearish divergence as it keeps going in a down trend while prices trend higher, this type of pattern can also be seen in 99/00, 07/08 &...
There is a lot going on with this chart, and it all looks bullish. First, had a perfect retrace to the .618 fib after the crazy run to start the year. $SXP bounced well from that area and challenged the local high of the $3.80 range. We have retraced and bounced off of support in the $2.75 range. It appears that we are forming a nice cup and handle pattern here....