Beardivergence
dis blow off top? | daily bear div presentdisney with a potential blow off top here. last 3 times we've tapped overbought, it's led to significant sell offs.
been in over bought territory since the 23rd. now have a second daily bear div present. expecting a pull back to daily rsi eq. $100 seems reasonable, but long trigger should be the rsi eq tap.
BTC dump is coming? Hi dear community, I hope you are fine.
I will be short. I will update my ideas about current situation on BTC chart.
I'm looking at 2W BTC log chart by Heikin Ashi candles. I'm comparing 2022 bear market with 2015 coz they are very identical by many factors which I told in my previous analyses.
So as you see after making double bottom with strong bullish div BTC pumped from 15.5K to 24.3K as I had mentioned in my previous analyses. There is huge resistance at 24.5-25K zone/200weekly EMA, range high, diagonal and horizontal resistances, monthly diagonal bearish trendline test etc. Approaching to key resistance bullish candles became smaller/check 3D or W chart/, buying volume was diminishing, the momentum was losing creating multi bear divergences on multi timeframes, as a result of the mentioned the price rejected at 24.3K & dropped to 21.6K filling created imbalance, and FVG zones bellow 22.3K. As you see after bottom, BTC created 3-4 big green Heikin Ashi candles marked in pink box and dumped to the main market structure making HL, at the moment you can notice the same green candles in a pink zone with RSI identical move as it did in 2015)). To be honest , we need this healthy correction putting HL in current structure.
There is weekly FVG zone at 17.2-20.4K zone as well. In coming days and weeks, I expect BTC to dump to the mentioned zone and fill at least 50% of FVG which is 18.7K. More likely 18.5-19K zone will hold not only as a FVG zone but also strong horizontal support and we'll see strong reaction and bounce from that region which will lead the price to new highs)).
If you like my ideas don't forget to like and follow me for further updates. I will appreciate any kind of support.
Also check my other analyses.
US02Y - DMI & DPO Analysis - Possible bear divergenceThis chart is shareable. This is purely a technical analysis perspective.
Seems the bulls are throttling back their buys. Worth watching.
So I'm neutral here
Use alerts on trend lines and let tradingview work for you!
No need to stare at the charts this way.
#SHIBUSDT #1000SHIBUSDT SHIBToday #SHIBUSDT Complete 540% Plumping From Past 26 Day's Now in #SHIBUSDT Have Bear Divergence On Daily Time Frame Sell Ur #SHIBUSDT And Take Short Position For More Profit Booking
Keep in mind.
🟣 Purple Structure
Monthly Frame Structure.
🔴 Red Structure
Weekly Frame Structure.
🔵 Blue Structure
Daily Frame Structure.
🟡 Yellow Structure
4H Frame Structure.
⚪️ White Structure
1H Frame Structure.
🚨🚨SPX 2021: Major Bear Div - % of Stocks Below 200 Day MA🚨🚨In this analysis I compare the historic growth/corrections of SPX with the percentage of stocks trading above their own 200 day moving average.
Currently the percentage of stocks trading above their own 200 day moving average has peaked in Q1 and has since been declining, whilst at the same time, SPX has been expanding, with multiple and consecutive ATHs.
Observations;
Historically, the break of 60% of Stocks below their 200 Daily Average leads to immediate market dump.
See examples between 2002 - 2021;
2002: Stock Market Sell-Off
2007-'08 Global Financial Crisis
2011: Stock Market Sell-Off
2015: Stock Market Sell-Off
2018: Stock Market Sell-Off
2020: COVID-19 Crash
Conclusion:
The market is being led by fewer and fewer stocks on each subsequent advance, a setup that can be a precursor for correction
A break of 60% of Stocks trading below their 200 Daily Average will lead to immediate market dump
Currently 50% are trading below their 200 Day MA, with ETA @ Support (60%) in October 2021.
Prediction:
If the Support of 60% Stocks trading below 200 Day MA is broken around Q4 2021, we will see a significant market correction.
If the support is held and the % of stocks trading below their 200 Day MA bounces back to lower levels, (50%, 40% etc.) then the market will be safe, for now..!
What are thou thoughts?
yemala
KLR Bearish Divergence...Watch for break in supportIn 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 found lower highs.
SHORT - BNBPERP- Trading OpportunityA rising wedge + a bearish divergence on the 1h chart.Looking like its having trouble breaking upwards here.
Entry: 24.2150
TP 1: 23.167
TP 2: 22.3550
SL: 24.617
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SPX Hanging ManA hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hanging man most traders say the lower wick must be two times greater than the size of the body portion of the candle, and the body of the candle must be at the upper end of the trading range.
Along with a hanging man, SPX has a bearish divergence between price and the PPO indicator(orange arrows) with price making new highs while the PPO moves lower.
SPX failed to move lower last week as expected on coronavirus fears, was looking for a -5% decline and only saw -2% before price ripped higher. I still feel that the full effects of the coronavirus have yet to be priced in to markets, and that traders are underestimating the chain reaction that can occur globally with the production slowdown in China. If traders are expecting the Federal Reserve to save the day with lower rates and more liquidity injections I think they'll have to give the Fed a reason to do so i.e. start panicking and send equities lower.
I'm still expecting a decent pullback of -5% or more so the short-term view remains bearish, especially now that this novel coronavirus has upped its game and passed SARS in deaths. Coronavirus just did in 29 days what it took SARS 9 months to do.
scriptB showing nasdaq is toppingscriptB in scalp mode has shown great buy and sell opportunities over the previous years. however divergence is flagging at the top.
using scriptb with basic volume we can see price has risen on declining volume and as it approaches the top a juicy short can only be imminent.
to learn how to access these scripts please visit tradingscripts.best
GBPJPY divergence + double topGBPJPY has a double top where second top not overwritten last top. Also currency pair has a bear divergence. Short StopLoss and good opportunity for selling this currency
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CADJPY divergence continuesCADJPY has continues its bull divergence with selling opportunity. Previous trade has ended with loss but retry again with the same logic.
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Hello millionaires!
My EA best results on Broker 1
My EA best results on Broker 2
My Blog: www.hurtlocker.pro
Join my youtube channel: HurtLocker PRO
Traders group: t.me
Facebook: www.facebook.com
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