The live Ethereum price today is $3.436,29 USD with a 24-hour trading volume of $16.184.015.412 USD, -0,15% in the last 24 hours. After its bullish momentum ETH seems approaching now a significant correction, as the price has already hit the upper level of Keltner channel on 4h timeframe . Historically after such a bullish momentum, price usually starts its rally...
Since price has been failing to break and make new highs I forsee an avalanche. The convincing factor is that there seems to be a clean divergence in the RSI on the daily time frame. Looking for a break to downside. Of course nothing is 100% in forex! trade safe!!
According to the values on Aug 19 and Sep 9, there is a negative divergence on RSI. So, DJI may continue to drop to 34700.
Weekly rsi overbought for long time Dollar looking strong Afghan war looming Risk off Bearish divergence decling volume
Here's what we were expecting due to the lack of volumen and after this last bull rally.
Bearish Divergence Incoming I believe the market is looking for a correction after a 25 day run. Here are my reasoning. Enjoy! -Bearish Divergence has now been formed on the 6h timeframe -Wolfpack id has been losing momentum and on lower time frames have turned into the red. -Fib Retracement shows the 60% has been reached, although a further move to 80% is...
We probably go to the bottom of channel (~3100). Then, if brearish divergence is confirmed, we will go back to 2900/2700. Please, say me that you think about my analysis :)
If it breaks the support at 15 minutes. It's good to execute a short sell? Watch for it...
Off the back of an Elliot Wave 5 Wave impulse we have bearish divergence. The pattern is one of an inverse-head-and-shoulders (Heikin-Ashi).
I have two megaphone patterns on 4H and 1H. Megaphone pattern is identified as Bulls & Bears in price disagreement. It can be a bullish or bearish pattern. Today I'm defining it as a bearish pattern because of a few reasons. We have bearish divergence on 4H where price is starting to lose momentum for higher highs. There is also a Head & Shoulder pattern into...
D1 - potential bearish divergence along with resistance zone H1 - multiple false breaks + bearish divergences Expecting continuation lower once and if we get a reversal (break and close below the H1 level) confirmed by MACD as convergence.
D1 - potential yet (not completed) bearish divergence + double top H4 - bearish divergence + bearish convergence Looking for pullbacks to be sold. Invalidation - 1.9980
Bearish Divergence + Double Top + Slowed Momentum 3 confirmation of bearish play
The cryptocurrency market has gain a tremendous popularity within the past 4 years. Unarguably during the 2017, bitcoin was on all the report news highlights with a solid return of 1318%. Besides, this wouldn't prevent it to have an 84% drawdown that would last more than a year. Just as a simple understanding and in a fundamental view, Bitcoin has a limited supply...
White line: We had such a this movement in past and in same support line and now we are testing the Old same line and also with almost same chandle stick and price actions which to me is something bullish (if we say history will make it again) RSI Divergence: In exact same time we had a Bullish Divergence which moved the market to +45% from the low and it did...
A couple of indicators are showing divergence for the past week or so, as HD has melted up choppily. It needs some relief and is being sustained by erstwhile investors scrambling for a safe investment in a volatile bond market when the banks can't be counted on to manage their risk. I'd suspect that this could continue a little bit, but within the next week or so...
H4 - bearish hidden divergence H4 - expecting 5th wave to complete. H1 - bearish divergence