Divergence was found with a double top so the chances are it would break the bullish trend and go down.
AUDNZD being in an uptrend means that the value of the Australian dollar relative to the New Zealand dollar is currently on the rise. Additionally, there is a notable development occurring in the form of hidden divergence on the Relative Strength Index (RSI). Hidden divergence refers to a situation where the price of an asset and the RSI indicator move in opposite...
Broken multi-year trendline support suggests that the Australian dollar will be doing much better than the euro in years to come. Despite recent recovery, we just see it as a corrective rally within downtrend with nice technical multi-year resistance. Looking at the daily chart of EURAUD currency pair, we can see a three-wave higher degree (A)-(B)-(C) corrective...
CADJPY going bearish. Took the trade at 101.806. Trend was initially bullish but there is a bearish divergence and trend made its first LL. A rising wedge can also be seen as a reversal pattern. Entry (Sell Stop) : 101.219 Stop Loss : 101.806
This is very simple observation so I will not get too much into it, because chart speaks for itself. The fact I remain bearish doesn't mean I don't trade along the current trend. I'm saying that despite everyone on social media yelling bull run, I see bulls, but they are not running.
DESCRIPTION: 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...
BINANCE:BTCBUSD Bearish divergence being observed on 1H timeframe.
RSI Bear Div + RSI-Stoch Bear Div in overbought zones, in line with ATH trendline, wouldn't be surprised to see a bull trap around 4070. Bulls will think ATH trendline is broke but just testing VWAP from ATH middle band.
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...
As you can see Bitcoin is forming a bearish divergence on the 4 hourly chart which could cause a short-term reversal in price to the two potential support lines.
We have extreme barest divergence on the one hour, and we topped out with confirmation in the volume three hours ago, so the drop should happen anytime. This token suffered an attack on its accounts and had its tokens stolen so I’m not sure if this token will recover at all it’s probably best to just short this token to zero in my opinion.
btc/usd makes bearish AB=CD bearish butterfly harmonic fill liquidity makes bearish divergence fake breakout of bullish peanut ready to achive again its trendline for 3rd time on daily tf volume decreasing i am also looking many more reasons so let's see whats happen
EOS has recently rallied together with the whole crypto market but its price action is starting losing momentum. On the 1H timeframe, higher highs in price did not follow with RSI which right now is showing a bearish divergence. Short set-up TP: $1.09 SL: $1.155
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...
Bearish Divergence Is Formed At 4H SHORT IT! BEARS ARE CALLING!!!!!!!!!!!!
After massive rally DXY is currently looking bearish. it has formed bearish divergence on weekly and daily timeframe. which isn't good indication for DXY. We might see a little bit correction before breaking out of 110 zone. trend is currently slowing down. TVC:DXY
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...
Hi there, BNB has a bearish divergence and needs to be corrected. And I'm still keeping my position in CELR.