Bearish-divergence
US30 Idea NY Open Session: Selloff imminent? Confirmation Checklist
- Time of Day anticipating volatility to bring us lower through out this week
- Looking for entry at/above weekly opening price
- Higher time frame divergence between US30/Nasdaq/SPX
- Clear targets where liquidity could be resting
- Imbalance
- Broker data feed gap near entry
- Intraday time frame big money foot prints
- Look at the Futures/ETFs for further clues
Anticipating more bearishness on US30
Interested in selling at/above this weeks open price (31482.6) for the best possible R:R
Maximum risk parameter I am considering is 31591 at this time
Targeting
1) 31200
2) 30820
If/when these targets are achieved, will reevaluate my bias on where price may be heading next
This is my opinion on what the market could do. This is not financial advice. Trading with real money involves risk.
Bitcoin 4HR Trendline Breakdown Bitcoin has seen the 4HR ascending trendline breakdown following confirmed RSI bearish divergence & we should see bears follow through over the coming week, $48,500-$47,500 is my first area of interest & $42,000-$41,000 the main area for long term positions with maximum risk to reward opportunity.
Feast ur eyes, see for yourselves! Maybe be a 'lil reversal? It's early to tell if this is a SHORT TERM reversal for this gorgeous fledgling stock. In long term months it may go up. In the medium term it may go down. in the short term it may go up.
It's trading lower today. I have it going down on the daily and weekly chart. However on the 4 hour it looks like it MAY be reaching NEAR relative bottom/support. It went v high so it will take time to consolidate. I don't want to make any public predictions about how long the bearishness will last. However, I will say that my strategy is a yolo diamond hands HODL. I will HODL this stock and grab more. Specifically, I am buying more call options for January 2023. NOT INVESTMENT OR TRADING ADVICE.
Could it be a long term yum yum style?
Do your research!
Not trading advice!
Bearish Divergence and Ending Diagonal Exhaustion Pattern On the 4hour chart prices have risen at each stage, forming a diagonal exhaustion pattern. This coupled with a loss of momentum on the MACD is pointing to a Bearish Divergence. If the break occurs on the downside then a wash to 40-41k is possible with very strong support at these levels. See what happens, its not confirmed until it breaks. My strategy is to sit on the side-lines and buy into the altcoin market at the 40-43k BTC Zone. There is also a huge psychological resistance level at 50k
BTC/USD I am the only BEAR here... Bearish Target $1600 golden retrace on the monthly if the bearish divergence on the daily stacks into monthly divergence also would be strong momentum back to downside. The entire run up we created little to no support. Sentiment most bullish of time. People think BTC only goes up. 3700 bottom in March 2020 was never remotely tested
ETH - is a retrace imminent ?Hi all,
Just like with BTC, there is a bearish divergence for ETH. We could also see how the price reacted once it touched the upper boundary of the rising wedge today. Not looking good. A correction to $1,530 is quite possible, so will be monitoring the development here.
Cheers,
BTC - time for a break ?Hi guys,
A quick one here. This is BTC, 4-hour chart. Looks like will be hitting the upper point of the cycle here, with $49,000 as the last possible peak before a down break.
There is a rising wedge formation on the lower timeframe, which combined with the bearish divergence and the horizontal resistance around $48,000 could drive the price back down to at least $43,000. Be careful out there.
Regards
BTC - H1 - DOJI + BEARISH DIVERGENCE !H1 : Last candle triggered a doji pattern, coupled with a bearish divergence and
a potential double top formation in progress (trigger level @ 34400 !)
Therefore, it is likely to see a downside move, targeting at least MBB g 34764
ahead of the 34500 area
Watch intermediate price action on M15 for confirmation of the expected above mentioned
price action.
XRP Hidden Bearish Divergence 4HR This is only a short term idea.
There is a death cross on the 1 hr chart.
4 hr chart showing us some hidden bearish divergence.
Daily chart is struggling to climb above the 200 day moving average.
Weekly chart could find support around .25c within this weekly candle.
That would set us up for a huge bullish move as early as next week, with Stochastic RSI set up for a reversal in that timeframe.
Not Financial Advice.
Woolworths Bearish Divergence on RSI ASX:WOW 4hr chart. Bearish divergence on the RIS for Woolworths Limited. (ASX)
Nudging long term resistance levels where it has fallen back to AU$35 several times in the past with similar divergence going on. Could be a buying opportunity for those after a blue chip stock in the not too distant future. Hope it helps. Have a great year and thank you for looking at my chart.
ASX:WOW
BTC - Rising Wedge, Bearish Divergence..Bitcoin shows 2 signs of a correction coming on.
1) Bearish Divergence, the Relative Strength Index has shown a decreasing buying pressure as the price has skyrocketed. This points to Bitcoin having a Cool off period.
2) A rising wedge pattern, at which BTC will drop out of the bottom of at some point.
Just a heads up.
Target price if this breaks downwards = $20,000 - $21,000
Bitcoin correction incoming with divergence on the 4h chartSo last time the bearish divergence didn't play out, so will this time the divergence give us a pullback? Look at the RSI to spot the div. MACD crossed also.
I think, yes and I wait for the area around the golden ratio. Look at the chart to see where I see a possible bounce after the pullback.