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Bearish-divergence

ES1!: RALLIES & FALLS / UPDATE / POINT OF CONTROL: 4000 & 3950DESCRIPTION: In the chart above I have provided a MACRO analysis of ES1! a future INDEX on the daily timeframe. POINTS: 1. Deviation of 250 points would justify placement of SUPPLY & DEMAND POCKETS. 2. Pennant Formation 3. Current CORRECTION FALL is roughly 5.55% falling short by nearly 5% when compared to other CORRECTION PHASES. RSI: Since the inception of the current bear market price action has only held one time when RSI is at a PIVOT POINT and ready to enter OVERSOLD TERRITORY. MACD: If MACD is pulled into OVERSOLD territory or anywhere past it's MEDIAN OF 0.00. This will be a strong indicator that price action will fail to hold onto its current channel of 4050 - 3800. And would essentially mean price action will retest past channel of 3800 - 3550. POINT OF CONTROL: Price action must remain above LEVEL 1 SUPPORT of 4000 & LEVEL 2 SUPPORT of 3950. SCENARIO #1: In a BULLISH scenario we would come to see price action bounce at 3950 then followed by a move toward 4150 before breaking pennant formation. (Not the safest bet since this scenario would VIOLATE RSI'S TREND FROM THE PAST YEAR) SCENARIO #2: In a BEARISH scenario we come to see a break below 3950 that would leave to PRICE ACTION not seeing support until 3800. (This would fall in line with what current indicators are signaling) FULL CHART LINK: www.tradingview.com CME_MINI:ES1!
CME_MINI:ES1!Short
by DGSTBROKERACC
ALT Season about to start Well, USDT.D. has formed a massive divergence; there could be a last shakeout to eliminate the retail investors. It's a very good opportunity to start buying into some of the altcoins. I believe file, coin, dot, dash, and sushi are nearing or have already reached their bottoms. After breaking out of this massive rising wedge, we will see a huge pump. Today's dump was harsh, and there was a lot of fud about Binance. Binance isn't going anywhere, but I always suggest keeping only 20–30% of your holdings in the exchange so you can trade. So be careful while buying and do not use bigger levers, as leverage is designed to take your profits through fake wicks. There isn't any better opportunity to buy on the spot than now. Good luck, and hopefully next year we will see at least 2-3x in all major altcoins. Also, there is so much fear in the market right now; that's an indication we are much closer to the bottom.
CRYPTOCAP:USDT.DShort
by Bitsleader
3
DXY is testing a major resistance area After a massive rally of dollar, people were selling everything to buy dollars. now dollar is testing a 10-year resistance. which means we could definitely see the massive corrections in other markets. including bitcoin or stocks. I believe bitcoin is not going below 18k for time being. bitcoin is probably heading toward 30k - 32k area. within few weeks. (Only if DXY unable to break huge resistance area) also, bitcoin was very oversold which means the market will eventually have massive correction. We can also see the huge monthly RSI divergence. which means the momentum is shifting. Last 11 months rally was huge and the whole world economy collapsed due to dollar bull run. i think now it's time for dollar to get a good correction. if we take look SRI LANKA economy vanished into thin air. also, country like Pakistan were struggling to keep up with the inflation. DXY has huge impact on $BTC however Bitcoin was still performing better than worlds most powerful currencies. NOW we need to take a look at CPI report in order to take further action. 13 OCT is the big day.. that's when we are going to take action. Have a good day :)
TVC:DXYShort
by Bitsleader
RVNUSDT Analyze (ETH Merge soon Launching)!!! 🧐 I think something special is happening here to Ravencoin (RVN) , but please don't get FOMO. Of course, the good news for RVN is that there is the launch of the Merge tomorrow 2022-09-15 at 6:00 UTC in approx 13 hours frome now. But as it has been hyped since weeks now ETH could crash after the launch. RVN will be one of the only coins profitable for GPU mining so people are expecting a rise to happen here. We should expect at least a correction after the strong upward trend that it had in the previous hours. RVN Analyze ( RVNUSDT ), Timeframe 15m ⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. Cheers!
Short
by znakosaur
USOIL - Bearish analysis part 2Not much of an additional analysis here, rather more of an update. Take a look at my previous post to get an idea of the EMA rule I use so that this makes a bit more sense. As I mentioned in the last post, we fell through the 21EMA (red one) and failed to get back above it, which generally means we're headed to the 55 EMA (yellow one). Well, that pretty much just happened, so now we have to wait and see if it holds. If the price falls through and close beneath the 55, chances are it'll run up and retest it, possibly wicking the 34 or 21 EMAs (orange & red) before getting b**** slapped into downward oblivion. Where is oblivion, I hear you ask? That be the Sasha Grey EMA. Or the 200 EMA if you have more of a thing for numbers. No judgement here. That being said, we do have support levels that could be cushy enough for a bounce. That is where I'd expect one to happen if it does fall. However, if it doesn't fall, our next target would be the 21 EMA for a candle body close with the 55 EMA possibly receiving a good wicking. Another fun thing to keep in mind before I end this - the closer the EMAs are together, the harder it is for price action to rise through them. Think of them like brick walls. If the walls are all back to back, they form one thick wall that would need a huge amount of force to break through. If they're spaced apart however, you'd need a much smaller amount of force to break through one by one, making it easier to get through them. When you see them really spaced apart, have a look at your other indicators such as RSI for bullish/bearish divergences and volume. Chances are that when you get the divergence, the spacing of the EMAs could give you a great idea of how big a move there is to come. If the volume significantly tapers off, it's highly likely the move will be explosive. Hope this was useful - stay safe!
TVC:USOIL
by Shifty-Ifrit