Short CZ coin below volume POC
Potential bearish trend reversal expected. Projecting BCD reciprocal targets extending 2.618 and 3.618 aiming local demand zone. That's a potential wave 1 to ignite. Wave 2 about to extend Fibonacci @ 61.8% (future local supply).
Technicals:
* Fisher Transform cross; Overbought;
* Chaikin Money Flow hidden bearish divergence:
Technicals:
* Fisher Transform cross; Overbought;
* Chaikin Money Flow hidden bearish divergence:
Trade active
Trade active
The price rallied to test neckline (dashed-white line) of a micro Head & Shoulders. Technicals:
Centered oscillator Chaikin Money Flow based on volume showing signs of weakness with divergences; plus 100MA x 100EMA bearish cross.
Trade active
Collecting divergences on Fisher Transform, Chaikin Money Flow and ESCGO_LB (smoothed stochastic)Trade active
As shown on this print of 15M chart, Chaikin Money Flow is printing a hidden bearish divergence as RSI not. Trade active
Based on my waves count, if CZ coin broke this rising wedge, a swing downward could be very profitable. A wave 3 could drop 40% after a rally of retest.Trade active
Hidden bearish divergence on OBV
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.