So this is a middle of the night idea. Btc looks to have formed an unconfirmed falling wedge. There is no edge yet, but if it were go drift upward to form some positive histogran wicks and dump lower, we would have class a bullish divergrnce that could happen at that greeline.
Lets keep a close eye on this
Weekly chart showing Class A bearish divergence. A sign of a reversal. There is also a rising wedge formed. This could lead is to a breakdown, which will be the time to begin a campaign of bag building.
We seem to have 4hr hidden bearish divergence following a rejection of overhead resistance in our current consolidation. This excites me because the daily chart is clearly losing its negative momentum on the macd. Whats important with the daily chart is the small positive histogram island on the macd. Any rally resulting in a lower high will more than likely hit...
How low will it go? When bounce? There is currently a case for hidden bullish divergence to begin maturing as long as sol stays above the previous low.
More time is needed though before we can answer these questions.
Hidden bullish divergence on the RSI and the MACD. No real pattern. No test of true support yet. Therefore, it is risky. The best bet for these gaming tokens is to wait for the price to come back down to test support.
After making a massive rising wedge with bearish divergence, btc has formed a descending broadening wedge. This reminds me of the broadening wedge Ford was in. Once that reversed, there was a full move to where the break down occured.
I am looking for similiar behavior from bitcoin. Pivot, accumulation, seller exhaustion, and stampede of bulls.
Magic Mushrooms. CMPS and their shrooms have been on a downward consolidation for what has felt like a year now. No edge on the weekly as price moves to test support. I, like so many others, are looking for signs of accumulation and seller exhaustion before the next step can occur.
The full cake in the oven. 1. Ford has tested the redline as support. 2. Price has made a triangle pattern at confirmed support. 3. There is hidden bullish divergence implying a move in the bullish direction is incoming.
My warning is that we are extended on higher timeframes, meaning a pullback could be on the horizon lurking. Be safe and responsible.
SNDL isnt showing a true buy signal yet, but soon i feel. The daily and the 4hr charts will either pivot to reveal massive hidden bullish divergence, or the price will break down to lower levels to possibly build class A bullish divergence on the weekly chart. If we break out bullish, my target is 2.52.
Currently, i believe this asset is crazy overbought, and as such, some selling is incoming. However, i am bullisj longterm due to the effects crypto gaming have had geopolitically. I have highlighted the supports and resistances we might see tested on a pullback. I will keep looking.
Hello there! Well, btc has some 4hr hidden bearish present. Do i think this is the end of the world? Nope. Hidden bearish divergence suggests trend continuation to the downside. We could see a short pullback here to create some nice bullish divergence.if the divergence plays out, here comes 53k.
With the metaverse incoming like puberty for the internet, im definitely looking to establish a position in unity. We might be seeing that time soon. Unity looks like it wants to play out some bearish divervence on the weekly chart. The rsi is pretty overbought along with forming divergrncr with tells me that a reversal could be coming soon.
There are two areas...
American airlines has formed what appears to be a triangle pattern that usually breaks bullish, however, the oscillators on the monthly chart seem to indicate that more selling is instore.
Hidden bearish divergrnce
Rejection at critical resistance.