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Bearishdivergence

YFII/BTC analysis: expecting a bearish movement.Hi every one YFII/BTC YFII/BTC has been ranging in a channel for quite sometime. If you pay attention you can see that the price couldn't break the resistance (around 0.07 which is shown in the picture). so there is a strong chance that the price won't be able to break this resistance again and would fall to the support level once again. there is also a regular bearish Divergence (-RD) visible on both MACD and RSI which makes the expected bearish movement more reliable to happen! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
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by CobraVanguard
7
Steep Correction To Come I am a huge fan of Apple and their business model, but this is technical analysis and the "red" flags are screaming that it is time for a sharp correction. Indicators: I. Red trend lines signaling future decline ( trend lines are from the Knoxville Divergence indicator and help foresee growing divergence often times ahead of MACD and traditional sell signals II. High RSi shows that Apple is extremely overbought III. Visible range shows the prime trading activity price is 127.14 IV. Divergence+ shows a red cloud above the most recent candles indicating high levels of bearish divergence Feedback: Let me know your thoughts in the comments below, this analysis has been used previously and is extremely accurate. Previous analysis linked below
NASDAQ:AAPLShort
by Myantman101
19
ETH 4H rising wedge low risk shortPotential Triple bearish divergence on MACD on the 4H. Potential bearish divergence on the RSI 4H. Rising wedge formation. Elliot wave count at 5 should be followed by ABC correction. Entry should be around ~2450$ or breakout of the wedge at ~2300$ . Stop loss should be a close above rising wedge around ~2500$ . Target is the bottom of the wedge or the measured moved at 2050$ . A argument could be made that the daily is forming a potential hidden bearish divergence on the MACD. The daily also broke a key trendline to the upside.
Short
by CryptoSlots777
2
[UPDATE ALT COIN MARKET] ALTS WOW! Are you seeing what I see? In this video, I'm analyzing the altcoin market by dividing the market cap by the M2 money supply. I also focus on the type of growth we had, the RSI and the timeframe of the cycle. As you can see: - M2 shows that we had a great re-test of the previous 2018 all-time high - More sustainable growth and not a blow-off top vertical log growth like in 2018 - 2021 RSI showed a bearish divergence which usually anticipates a correction and not the end of a cycle. 2018 RSI showed a completely different situation. - The previous bull market lasted more than 1 year while the current one less then 7 months Bonus: we did not break the all-time high of the BTC dominance yet (look at my related idea)
CRYPTOCAP:TOTAL2Long
by Homocryptus
1
Another Covid Crash?I'm seeing a lot of similarity between the Covid crash and current day. WHAT HAPPENED DURING COVID CRASH: -Closed red at the end of Friday -Gapped lower on Monday -Broke support levels and then smashed through the 200 EMA (4H) -Retested the 200 EMA (4H) but got rejected -Dropped another 30% before bottoming out SIMILARITIES: -This Friday we closed red and we broke down from a multi-month rising wedge -Bump in volume similar to Covid crash -RSI value similar to Covid crash -Bearish divergence similar to Covid crash KEY TAKEAWAY: -If on Monday we gap down, then we need 200 EMA (4H) to act as support -If we break that, then the likelihood of another crash increases -A pullback of similar magnitude to the Covid crash would take us down to $280 for SPY (seems to be some support there)
AMEX:SPY
by Huntz
3
Will The Fed Save The Dow?The Down has gapped below the previous low completing the Dow sell signal I posted about compared to the Dow Transport. Rsi and Stoch Rsi are nearing buy signals though plus the Dow broke down from the falling wedge. I am hedged short but I am not calling a full on crash/top given the Fed's track record. If the Fed didn't always save the market I would go short with a lot more conviction. Going to be interesting to see what happens with the options expiration today.. Most times people are warning of option expiration nothing happens.. lets see if this time is different. Eyes on the VIX too.
DJ:DJIShort
by richardthick
Keep an eye on this pivot point! 👁 👍Lyft is doing a nice pullback right now, in the 30min chart. The 20 is pretty close, but since the BB are so spread open, I believe it’ll move sideways for some time. The 60.26 is a pivot, and if Lyft breaks it, it’ll do something good. The problem is the RSI in the 4h chart, showing a bearish divergence + false breakout from the top area at 59s. This is another indicator that Lyft is not ready yet, but it can be in the future. It is one of the stocks that are on my radar, but it is not doing anything impressive for now. Let’s watch the pivot in the 30min chart closely! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:LYFT
by UnknownUnicorn21312077
2
SPX - Bearish Divergence - Buy the Dip Opportunity?SPX is looking a little extended at these levels, with bearish divergence on the MACD signaling waning momentum, i would look to see a slight ease, from these levels Looking at potential targets, the major pivot around $4050 USD also falls on the 50% fib retracement of the most recent leg up. A less aggressive pullback could entail a retest of the 50 SMA. currently around $4120 USD In any case the market has been running hot and a pullback to some degree is inevitable, however given the macro background, unless the Fed signals they will begin tapering/ raise rates and/or the federal government pulls the stimulus and unemployment support out from under the population (highly unlikely) I see the market still pursuing a "risk on" trade at least for the time being. -TradingEdge
SP:SPX
by Profit_Link
How to analyse Divergences using RSI for BTCUSDThis tutorial on RSI Divergences is the second part of a RSI Masterclass series. We have already discussed how to make use of the basic RSI indicator in our previous masterclass tutorial. We will understand the use of Divergence oscillators in short timeframes for BTCUSD. A divergence happens when the price of an asset (BTC in this case) moves in the opposite direction to a momentum indicator or oscillator. It is the opposite of a confirmation signal, which is when the indicator and price are moving in the same direction. How to use Divergence in trading A divergence is often seen as a sign that the current market action is losing its momentum and weakening, meaning it could soon change direction. there is a significant chance of a price retracement Bullish Divergence A bullish divergence is the pattern that occurs when the price falls to lower lows, while the technical indicator reaches higher lows. After a bullish divergence pattern, it is common to see a rapid price increase. Bearish Divergence A bearish divergence is the pattern that occurs when the price reaches higher highs, while the technical indicator makes lower highs. There is a likelihood of a rapid decline in price following the divergence Please note: One of the most common problems with divergences is ‘false positives’, which is when the divergence occurs but there is no reversal. The technique does not give a set price point at which to open or close a trade, just an indication of the strength or weakness of the underlying market sentiment. ------------------------------------------------------------------------------------------------------------------------------------------------------------------- If you find the analysis useful, please like and share our ideas with the community as well as follow to stay updated with new ideas! - Mudrex
BITSTAMP:ETHUSDEducation
by Mudrex
1
Gold RSI Bearish Divergence And Bulls Are Over ExtendedGood day guys! I have noticed with the Euphoria and seeing how multiple indicators are revealing gold is in an over extended market. To me, it looks like the markets are in the process of forming the head of a potential head and shoulder pattern. However, just because the signs are there, does not mean the entry is perfect. I would love to see a sharp sell off to the downside. The dollar has fallen another 2% this past week and gold has had a rally. However, I still do not believe the big move in gold is in. With the sell off in most risky assets today, even in gold being a safe haven, that informs me that people are trying to take profit. Hypothetically, a lot of traders could be in margin trouble. I am not a predictor of the markets, but I do understand how the fundamentals and technicals work. I still see that the price of gold could go even lower, before we get our massive buying opportunity into the market. Usually, when interest rates rise, the price of gold fall and vice versa; when interest rates fall, the price of gold rise. However, I believe this time with the plethora money printing, this time we could see the price of gold going much higher. My sell entry is at 1887. Be sure to leave a comment below in regards to your thoughts in regards to gold. We appreciate you for checking out our post and remember, we will see you on the other side. Rodrick (CEO) Third Eye Traders
OANDA:XAUUSDShort
by ThirdEyeTraders
9
BTC Turns bearish on Daily - ShortBitcoin has dropped below the 20week and 200day moving averages for the first time since April 47th, 2020. With a triple bearish divergence, a break of the pitch fork trend and floating below the 20wk MA..I cannot help, but read this as bearish in the short term until we secure a weekly close back above the 20wk MA. Not sure how much lower we could go, there is no telling. How much longer until we reverse, unsure. Is this the end of the bull run? I don't want to believe so, but you cannot deny the chart. There is aways time to return when the whales give us a bullish sign that things are reversing, but I don't see on the chart right now. I remain bullish in the LONG. This is not financial advice, It is only my opinion.
COINBASE:BTCUSDShort
by MFGroon