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Bearishdivergence

XLM Bearish DivergenceI haven't been doing much publishing lately, and I will be perfectly honest as to why: I lost my confidence. The BTC correction on 3/26/21 and the subsequent turn around really shocked me and I was unable to remove myself from the emotional impact that had. I jumped into a few coins on their rise just to make some money, but at that point I had only "It's going up and will likely hit X%" going for me. I had no idea why the market was moving, or for how much longer. TL:DR I started going back to my basics and learning more about indicators and behaviors in the market. Something that I learned was how to look for divergences, whether they were reversals or continuations. Since then I have been very successful in entering and exiting positions on the 15, and 1 hour charts. With that success I built more confidence, and started the more difficult work of looking at long term behaviors and indications. This lead me to publishing this idea. We are currently trading in a classic Bearish Divergence on the Daily: Higher Highs on the Price, and Lower Highs, on the Stochastic. This signal, especially in crypto currency is effective at almost every time chart, but has shown itself to be especially effective in XLM, and BTC charts. To that end, if we are at a turning point, in terms of divergence, that does not mean it is all downhill from here. In fact the likelihood of another impulse to even higher levels is likely. With that being the case, I will not claim to know how much time is left, nor what the next levels will be only that we are signaling a Bearish Divergence and to trade accordingly. Most estimates place the next high between .71 and .85. My suggestion, and what I am doing myself, is having XLM in hand and waiting for those levels, and staying in enough Fiat to buy in at a local bottom, or to keep out of the potential, violent, downswing that will occur like with every other top we have encountered. I am not a financial advisor so take this with a grain of salt!
COINBASE:XLMUSDLong
by Sephiroth4269
5
CTD - Expecting a Deeper PullbackCTD has been rallying since the huge drop it experienced during the pandemic and it seems that it needs a breather before the upswing continues. CTD has been in an uptrend forming higher highs and higher lows but now we are expecting the current pullback to be deeper because of the Bearish Divergence on MACD and the Bullish Momentum getting weak. We are expecting price to come down to its Support Level (also the Trendline Support Level) between $14.55 - $15.25 zone. This could be a zone where we expect CTD to find buyers and take price higher. We will be monitoring the Price Action closely once it find support and will update accordingly. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:CTDLong
by AsimMirzaTrader
Do not spill your coffeeTry not to spill your coffee with this news for Wednesday, April 7th. We should see SBUX drop to a minimum of $112 a share. Indicators: MACD- Weakening bullish divergence Signals: Guth 3x confirm sell signal D+ sell signal Divergence: High levels of bearish divergence and lowering bullish volume Blue Arrow: Sell signal Orange Arrow: Price attempted to hit $114 a share but failed and is floating high above the support level as indicated by the teal Kurutoga cloud. Green horizontal line: If price reaches or falls below green line, big profits will be made. Want to see your favorite stocks analyzed? Like and comment below and I will add your stock to my watchlist.
NASDAQ:SBUXShort
by Myantman101
2
Bearish divergence example on $ETH against $USDTThis is a clear example of a bearish divergence on Ethereum $ETH against USDT pair. I took the 12-hour chart to exemplify the closest to reality what we could have done to spot an upcoming dip using the RSI oscillator vs price action to forecast a strong dip in price. First of all watch the X marking a higher high around the 7th of January on the RSI and then a new higher high on the 19th of February, more than a month apart, describing a descending slope. The corresponding price action instead developed in an ascending channel. This is what we call a bearish divergence and it forecasts the strong 35% correction that started the 20th of February. Being aware of situations like these allows you to exit a long strategy trade and maximize your profit. On a side note, the 19th of February the information that was visible for us on the chart, besides the divergence, did not signal or suggest it would be happening the very next day. Kumo cloud was ascending, Kijun Sen (yellow line) was in an upslope, Chico Span was far and behind the price action and the blue conversion line moving above the Kijun Sen suggesting buy opportunity. This is the relevance of close observation of the RSI oscillator and price action.
by AponSOKS1978
2
$188 By Friday Based on multiple indicators it is clear that SWKS is about to fall and here they are Guth 3x confirm: Triple sell signal D+ Large cloud of bearish divergence indicating strong bearish strength as well as 3 sell signals Kurotoga Cloud: Shows support at $188.75 but second level support at $184.48 My plan? SWKS is up post market according to Trading View but not my brokerage. Was hoping I could say the 1 hour or 2 hour chart show signs of a start of market pop tomorrow but both time frames show strong sell signals. 187.50 put is under my radar and I plan on purchasing at market open. Will keep everyone posted with trade activity. MACD also critical but I did not put that in, worth looking at.
NASDAQ:SWKSShort
by Myantman101
Possible Rising Wedge on IOTAUSDT - Bearish correction in sight?A possible rising wedge is under development on IOTAUSDT. Usually this shows signs of weakness and could be an early signal of trend reversal. If price manages to break through February's 1.500 zone the wedge could start to complete thus letting price fall to 1.250 as first support level. A divergence on the Elliott Wave Oscillator is also a sign of exhaustion. Alternative scenario: price will stay inside the wedge and continue as an uptrend by unvalidating the formation. For now I'll stay neutral and enter if the pattern starts to unfold.
by trisperon
ETH/USDT Update: Reached our target perfectly. What now?We got a nice entry at the previous ATH and now reached our target. Ethereum is currently looking at its scaling issues and it will need some time to fix it. Additionally we can see a bearish divergence looking at the volume. Longterm we look at 5000$ but for the very short term we could go down first again. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
AUD/USD can still be bearishHi every one AUD/USD The AUD/USD has been in a rising wedge pattern for a long time (the pattern is in weekly time frame) but recently this pattern has been broken downward. There is also a regular bearish divergence (-RD) on both MACD and RSI indicators as well which strenghten the bearish movement. So the bearish movement is only on it's beginning and the bearish movement can continue. 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 Our more recent analysis of AUD/USD :
Short
by CobraVanguard
22
RUNEUSD Short Reasons to sell Overextension of the RSI on the 4hr Bearish DIV on 1hr and 2hr Last time we saw a move like this was 04 Nov 2020 with a 20% correction happening Strong resistance at $6 Head and shoulders still intact (but subject to change as we are in a bull run and this is a bearish pattern) low success rate in bull runs Could see price revisit $4.80 Reasons to buy Very strong bullish daily candle with a breakout of the descending channel Doji at support level on 25th March Good news came out in regards to ASGARDEX/Multichain going live soon
FTX:RUNEPERPShort
by Kai-FX
SXP/USDT Update: Fully reached our >200% Target. SXP did very well the last month and gave us >200% gains. Hope you enjoyed the ride. After such a rally and looking at the bearish divergence (price action against volume) it looks like we get a drawback before we aim for 5$. Possible entry zone is shown with the box. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55