Bearishdivergence
Symmetrical Triangle Bearish Divergence.We have a Symmetrical triangle here with bearish divergence on the RSI.
ETC Setting up to get very bearish if it breaks trendETC will likely be testing a trendline and a support level at around 60-61 dollars very soon and if it breaks through we very likely see the value of ETC decrease by 50 percent or more. Right now on the daily we have Bearish Divergence on the MACD, and the RSI is just now coming off of overbought with a bearish MACD crossing.
BTC, MACD and RSI show bearish divergence with price!Bitcoin more than likely goes for a correction!
Both MACD and RSI show bearish divergence with price. Price is between two important resistance levels corresponding to 0.5 and 0.618 Retracements. Volume is also continuously decreasing.
These bearish warnings are important. It is wise to take them into consideration.
Check out related ideas for more details about general trend and final destination of BTC. Links are provided below.
Good luck my friends.
Bearish Divergence(NKE) Although NKE has been steadily increasing, we are seeing signs that a turn towards the downwards may be soon. The greatest indication of bearishness is the divergence that we are seeing between the prices movement and the momentum. What signifies a great entry for PUTS is the sell signal given by the Willy Oscillator. Due to a massive bearish sign, I see a target to 150 as a great place to consider cashing out your puts due to it being the 0.5 Fibonacci Support. If we keep getting bearish signs a target to 135 will be made since that was where the gap up started.
Bearish Signals
-Squeeze Indicator(4h)
-Bearish Divergence
-Willy Oscillator
Fibonacci Price Targets
-1st 164
-2nd 156
-3rd 150
-4th 144
-5th 135
Texas Oil Presumably Ready to Break UptrendWe are testing the weekly trend after showing bearish divergence and going red on the Heikin Ashi Candlesticks
We may look for a minimum of a 50 percent retracement from here.
In the meantime we may consider buying into the inverse ETF of Crude $SCO
Natural Gas and crude may not necessarily move together so i am diversifying my bearish positions among the two.
1HR Bearish Divergence MACD Crossing Down at Hourly Resistance.Is may come back to test supports at 4-5 dollars from here.
Not so nice picture for BTC near termBearish divergence on MACD histogram and on RSI is not so pretty picture to see from bulls perspective. And seeing that on 12hrs chart, it's really ugly. Volume drops from the middle of this move and all that could indicate that we might see some kind of move reversal. I'm not saying this bull run is over, and not saying that we are going to 100k tomorrow. I just say what I see. And it's quite normal to see the exhaustion of this upward move. We should be realistic... It's very healthy for BTC to pull back and consolidate for further upside movement. Buyers could show up and erase all this, but for now...
Bearish Bat with Bearish Divergence: 2 targetsBack with another setup with bearish potential on this one.
SPY - Cautious: Bearish DivergenceAs noted on the QQQ chart I shared yesterday, I'm noticing some bearish divergence from Price & RSI. Also riding along an upper trendline shown in red. As of now, the lower trendline in green has shown support. We've had 2 instances of similar divergence which resulted in a very fast 2-4 day drop which got bought back up just as fast. Interested to see how this one plays out!
Time to be cautious: Bearish divergence on the shorter timeframeIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis!
Quick glance: ETH has steadily gone up and is hovering around the $3100 level. It has been a dream run so far for the ETH enthusiasts. However, it might be prudent to be cautious right now as a bearish divergence is appearing on the 4-hour time-frame.
Market in the last 24hrs
The last 24 hours were actually pretty bullish for ETH. Markets were fired up and we saw massive positive momentum across most Altcoins.
Today’s Trend analysis
BTC inched closer to the $46,000 mark. The king of Altcoins, Ether, would not no way lag behind. It had a similar rally and surpassed the $3100 mark. The anticipation of the ‘London Hard Fork’ caused a massive rally in ETH in the past 2 weeks. If we look at the price, it has been forming higher highs. However, if we look at the corresponding RSI, we notice that the RSI is not exactly making higher highs. And this is a bearish divergence.
It suggests that the trend might be getting weaker and we might see a reversal. That being stated, there might be false ‘bearish divergence’ signals as well.
The trendlines would help enter short term trades in case ETH breaks out or breaks down. The trendlines would be reliable as they are in place since mid July and follow price action.
Price volatility remained extremely high at approximately 9.01%, with the day's range between $2893.21 — $3154.57
Price at the time of publishing: $3109.57
ETH's market cap: $363.50 Billion
Out of 11 Oscillator indicators, 7 are neutral, 3 are bearish and 1 is bullish.
Out of 15 Moving average indicators, 1 is 'NEUTRAL', none are bearish and 14 are bullish .
Indicator summary is giving a BUY signal on ETHUSD .
Volumes have remained high in the past 24 hours.
----------------------------------------------------------------------------------------
The analysis is based on signals from 26 technical indicators, out of which 15 are moving averages and the remaining 11 are oscillators. These indicator values are calculated using 4 hour candles.
Note: Above analysis would hold true if we do not encounter a sudden jump in trade volume .
----------------------------------------------------------------------------------------
Keep supporting:)
-Mudrex
Daily bearish divergence + rejected 200 day MA (BTC) Greed killsGood afternoon traders,
I've been waiting for all the euphoric traders to catch themselves slipping acting like "up only" and the bull market is back on and today we're currently down $2000 from the local top where we rejected the 200 day MA and also printed a bearish divergence (see momentum oscillator - stoch rsi for reference)
Bearish divergence:
1) Price action prints a higher high
2) Momentum oscillator prints a lower high
(Indicating weakness in the trend)
If this plays out we should retest $39,999 at least and if this holds it's possible we head higher in the short term but if that support fails this will be a confirmed fake out (liquidity grab) while institutions (whales) get out of their longs and then sell while retail fomo's into a long at the top and gets greedy/euphoric.
The markets are designed to play against human emotion and the masses (90%) while the 10% countertrades their every move and get hilariously rich over the long run if they stay consistent with this formula.
Pay attention to the market when most are fearful and note what happens next, same goes for when most are greedy.
They provide liquidity for whales to get out of their previous position while they are entering new ones.