Stochastic RSI (STOCH RSI)

Wolfy_

Previous short idea: LINK/USDT has retraced 30% without a proper bounce yet and is currently sitting close to the bottom of the uptrend channel and on the 4 hour 200 MA. We can see hidden bullish divergence on the RSI which usually indicates a good spot to re-enter...

Trade4God

Hello oil traders! I see that oil crossed the bottom of my channel and now looks like it may be moving back up. I had said for a long time that I expected oil to drop down around $52 and it finally did. Now looking for oil to return to the top of that channel around $56.40. StochRSI and MoneyFlow are both moving up which is a good sign. We’ll see what happens.

Tornado_Trading

I will long ATMOS coming week. I see a nice set of bullish divergences on EFI and MACD-H, together with StochRSI crossings. Furthermore, a long wig is seen on the daily, which seems to mean there is a strong rejection there, and the market wants to go the other way. I expect the target to hit +1,5 ATR line on the 4H timeframe at least. But I will evaluate the...

DrDovetail

Awesome t see price action rebound exactly on my stochrsi horizontal trendline. the 1 day 200ma is floating somewhere around the 8.6 k level and I do anticipate it will provide resistance at least upon the initial retest .

DrDovetail

So this entire year's bull run has left a lot of people in the dust who were waiting for a 31-41% correction to buy in. Everyone was expecting one as early as the upper 5k range but the correction never came. In fact only a few minor bear trap corrections have occured this entire bull run. Looking at this ascending green trendline on the weekly stoch rsi we can...

DrDovetail

The weekly stochrsis ascending support trendline has performed phenomenally this entire bull run. It still refuses to submit or bend the knee. Each time during the bullrun i seemed as if the big 31-41% correction was finally about to happen the fall was stopped short as the bullish momentum was bounced up off of this trendline. Once again this has happened to our...

DrDovetail

throughout the recent bear scare where for a moment it looked like we may finally be seeing the 31%-41% correction anticipated to follow our current parabolic uptrend, the ascending green trendline on our weekly stochrsi has held vigilant support only slightly teasing a peek below it briefly which now there is no longer any trace of. This line has held strong...

MikesMarkets

Looking for OANDA:EURAUD Shorts. Approaching a very strong resistance zone. RSI and and Stoch RSI are very over bought. Time to fall baby!!

DrDovetail

the biggest way most people have been missing out during this bullrun is simply by taking profits expecting a correction thats long overdue but still doesn't come and they end up losing some of their btc positioning and fomoing in a few pips higher up. I think the main reason for this lack of correction is that momentum has been skimming the top of a super strong...

DrDovetail

the 2 big players in that have been battling it out in the charts for the past couple weeks have been this strong weekly ascending trendline on the stochrsi as support and the weekly 50ma(in orange) as strong resistance. It has been a crazy battle one it looked like only a few days ago the weekly 50ma was going to win...but as we touched down on the stochrsi we...

DrDovetail

this trendline on the weekly stochrsi has been a valid line of both strong resistance and strong support since September 2016... .can it once again hold support and provide a momentum bounce for btc one more leg up? It's plausible but at this point more probable support will break and price action will fall back for a correction...this is one trendline to be...

DrDovetail

Here on the XRPUSD 1day chart we have a pattern of a massive head and shoulders on xrp formed conveniently during a downward trend with a breakdown target of negative 20 cents. The Stoch RSI also bottomed out and is ready to travel upward again so there's not enough bearish momentum available to warrant such a breakdown. The downtrend makes it very unlikely a ...

Avicenna_omar

Short @ 655 overbought rsi on 1h, rsi bearish cross on 1h double top rejection expecting a potential wick up towards mid 660's, with a huge red candle coming down -not financial advice- the other scenario which is likely: green candle up to 700, touch resistance and go down. My liquidation is at 704, so I won't set a stoploss which will stop me out from...

JustinSchapansky

I have not tried this for many other pairs but this is working for me with ETHUSD on the 15 min chart. After looking at several indicators, entering in at the wrong times, being in long when I should be in a short or out, the frustration led me to really try to find where the best low to buy into would be, I discovered that if I set the Stoch RSI indicator with...

Avicenna_omar

Target 1: 2035 target 2: 1950 bearish crossover on daily stoch RSI, MACD about to turn bearish aswell on the daily. I think we will see even lower prices than 1950. *not financial advice*

DrDovetail

Dash is experience a nice big green daily candle today which has allowed price action to climb back above the 1 day 50ma(in orange) We can see we also seem to be completing the right shoulder of an inverted head and shoulder pattern. I'm looking for a minor retrace here that retests the 1 day 50ma multiple times and keeps finding support there... if this occurs I...

DrDovetail

Breakout target show in black box. 1 day stochrsi indicates a move up is overdue.

GuywithBitcoin

Bitcion Daily chart shows Bullish Divergences on RSI, Stoch RSI and Momentum. Same Story for Ethereum too.