Bearishdivergence
Monthly Bearish Divergence Breaking Demand LineWe have a Potential Double Top inside of a Rising Wedge Pattern on the Monthly with Bearish Divergence and very little support below us.
FET isn't looking too hot...Hey Traders,
Like the TOTAL crypto market cap, FET on the weekly has formed an Elliot Wave Impulse. These are of course bearish and paired with the RSI indicate the bears are gaining strength. Although I don't think this will happen soon, BTC will have to go into a bear market during the summer for this to occur. However, on the daily, a breakout is soon mainly due to the MACD hinting a small uptrend.
Safe Trading,
-Pulkanator
This is what I see as a very possible scenario #btclongtermbulHey everyone,
Here is my refreshed Daily view on BITCOIN.
More Controversial traders won´t agree with me as I guess majority of you is bearish because of RUSSIAN-UKRAINE situation, but chart looks bullish for me and that is what matters personally 4 me if I ignore emotions which are bad for trading proper technical analysis balanced and correct R:R trading setups then it screams buy on me.
As breakout with retest played out for me I see this situation like a very solid long position setup with a very nice R:R which could bring in next 2-4months up to 150-210% gains with 3x leverage
Breakout with retest "zoomed" in
another reason why I see this bullish is that we are forming higher lows since Januray
#btclongtermbul
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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GMT 25% DUMP INCOMING???GMT has reached new ATH and now has confirmed bearish divergence on 1d timeframe which is very big thing and whenever it happens on 1d tf,coins dump so hard in next few days so thats what I expect GMT to do.
This is also confirmed by btc performance last days.
Even though it looks very bearish dont go with big leverage and margin because this coin proved that it can perform so good even without btc help.
This is not financial advice,just sharing my opinion!!!
VALE ShortVALE looks like a short to me here. Three drives of bearish divergence on the 4hr MACD and daily RSI divergence. I could also argue for the MACD bearish divergence on the daily too. Throw in a potential bearish abandoned baby and I'm taking a short here at $20.52. Not quite a 3 to 1 reward to risk ratio, but it's close enough for me.
GBPAUD - Looking To Sell Pullbacks In The Short TermD1 - Strong bearish move.
Currently it looks like a correction is happening.
Bearish hidden divergence.
H1 - Bearish divergence.
Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further in the short term.
GBPJPY Bearish DivergenceWeekly finished strong. Currently in major resistance zone.
Expecting price to react to 1H Bearish Divergence.
Also expecting a continuation for new High to break zone.
Expecting pullback but overall analysis is buy. Have to wait for trendline break to confirm divergence move. If price does pullback wait for support to hold and a new set up to occur to get back in for buy.
Head & Shoulders pattern on QQQ rsi?This is the monthly chart for QQQ, using log scale.
H&S pattern in the RSI seems to precede market volatility. It happened in 2016 and 2018.
It seems like another head & shoulders pattern could be forming this year.
We're already showing signs of a bearish divergence between monthly price and monthly RSI, so it's possible the RSI makes a lower high to form the right shoulder of a H&S.
Going by history, we should expect a downturn shortly after the H&S pattern is formed. This is not a prediction, I'm just saying what might happen if history repeats.
Bearish Divergence in AdanientHello Traders. I've observed bearish divergence in NSE:ADANIENT . It seems strength wise resistance has been achieved by the price and now it's time for a small retracing wave.
In past few trading sessions indecisive, small and weak candles have formed. This shows the weakness and buyers are no longer willing to drive the price further high. 1715 is the POC level. One can enter near the level if the price comes around.
Hello Trader. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst. Trade on your own conviction and please consult your advisor before investing.
Potential Bearish Divergence forming in $DXYWith interest rates climbing steeply, the dollar has been strengthening against the $DXY currencies and has made a forceful move to the upside. As of the present date (4/12/22), there's a considerable Bearish Divergence forming. Its certainly possible that if Dollar could gain momentum over time - but it could also set up some nice trading opportunities if it doesn't.
As is often the case, the Dollar has been exhibiting a negative correlation to the S&P for most of this year. Therefore, S&P products could be a good place to take long trades on this idea in the near term. Other ideas could include being long bonds - either with futures or a product like the TLT, and or long the Euro - either with currency futures or the EURUSD FOREX pair.
This is something I'll be watching closely over the days and weeks ahead.
AUDCAD - Looking To Sell Pullbacks In the Short TermD1 - Price is bouncing lower from a key resistance zone.
Bearish divergence.
Expecting short term bearish moves to happen here.
H1 - Bearish trend pattern.
Until the key resistance zone holds I expect the price to move lower further after pullbacks.
Ascending Triangle for Bitcoin??BTC appears to be consolidating in an ascending Triangle, the exception target in a bullish scenario is approximately 200k.
Hard time believe until it happens.
We've seen a rejection at the 200 DMA,
and a bearish divergence.
Bearish divergences occur when prices rise to a new high but the oscillator can only muster a high that is lower than exhibited on a previous rally. Class A bearish divergences often signal a sharp and significant reversal toward a downtrend.
13k is my bearish scenario with a classic gap fill, unlikely but possible.