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Bearishdivergence

WEAK FUNDAMENTALS ABOVE $13,000 (whales filling shorts) $BTC-Yurlo First of all, please SMASH that like button 👍 Above $13,000 is a demand zone for whales filling shorts (wicks pushing price back down, lower highs) The fundamentals/structural integrity above $13,000 is weak, a correction is overdue. EMA's untouched: 20 / almost tapped ~ $12750 50 / untapped ~ $12264 100 / untapped ~ $11819 200 / untapped ~ $11426 (possible s/r flip zone and fibonacci level 0.5) 2 wick validation points on the downtrend (3 makes a trend) (s/r flip zone) / $13,500 / fibonacci level 0.618 (s/r flip zone) / $11,500 / fibonacci level 0.5 IMO (In my opinion, and no this is not financial advice. just my thoughts made into TA on my views towards Bitcoin)
COINBASE:BTCUSDShort
by Yurlo
6
Short Position: Price Action + Bearish divergence in RSIIn this analysis, we see that the price action show a bearihs reversal with the RSI bearish divergene in H1 and H4 timeframe. So, We could have this short posiiton. But the only that we would need to pending is this broken line, becuase if this bearish divergnece don't make a Bicoin go back to the $12,400 USD, we could see that Bitocin could to form a possible little-re-accumulation forming an simetric triangle. That could be a possible scenario that we would need to be prepare. In H4 timeframe we see this situation that Bitcoin it's goes to down. So, in the past analysis we see a fake signal, we see a bearhs divergence when Bitocin it's around of $11,700 USD, but the price action was not confirmed, but these is an example. Look: if we see a bearish divergence, that is the first, but the second point and the most important is to see a bearihs candlestick group as libelula doji, envolving bearish candlestick, bearihs hammer, or some kind of bearihs candlestick. That is important, the price action is the market languages. Don't recalll it. But, we see in h1 that Bitcoin turn bearish bcuase in the past days we see this big bearish candlestick in H1timeframe, and then, we see the confirmation to entry in short with two perspective. Bearish to the $12,400 USD for this support key of $12,400 USD or any formation of chartist pattern as I show it. So, I entry in short!!!
COINBASE:BTCUSDShort
by harisonhbn9718
ADA Short term bearish TradeHey everyone, I hope you are doing well. This is just quick update on what I see is happening in the crypto markets. We have extended quite far, quite quickly in bitcoin, and I believe we are going to start seeing the correction soon, meaning that the other altcoins are going to start to fall. Elliott Wave analysis. It appears to me that we have just finished an impulsive wave up and are on our way back down. On the 2 hours and 1 hour, we can see some large bearish divergence occurring on the macd and histogram. Something that is concerning me, is that I am unsure if the drop will occur right now, or we will see another leg up a bit higher. Looking at the long-term Elliot wave, I can see that we are finished the wave 1 to the upside. If this is the case, the top of what we are seeing could bring us down to the 0.095 levels. I would proceed with caution over these next couple of days. If you do plan to trade now, I would get out if we see a break above the previous high. If you are waiting to see if there is a leg higher, I would target the 1:1 of the wave A of the greater wave one, and I would go short on a break of the previous wave 4. It is incredibly important that all of you don't jump in too hard, too quickly. Stick to your entry and exit points, and best of luck trading!
BITFINEX:ADAUSDShort
by Mika_k
ZM w/ some Bearish Divergence, a Descending Triangle, & SMA TestI'm not an expert by any means, but unless some news comes out supporting the prolonging of "lockdown" or "quarantine" (promoting Working from Home for longer), I see ZM taking a solid dip, if not a dive if a daily candle closes below the 10-SMA. I'm seeing this idea supported in the RSI Bearish Divergence, Descending Triangle forming, and even the MACD indicating a change in momentum with not only the Crossover, but also an inflection point in the signal line beginning to slope downwards rather than upwards. Again, all it takes is some Breaking News or a NASDAQ rebound to cancel all of this out. But if that doesn't happen early next week, this is what I'm thinking...
NASDAQ:ZMShort
by blaze_trades
Call me crazy (ADA USD)Hey everyone, my old T.A got wiped out right before I posted, so I am going to give you the summary since I need to go to bed. Basically, we can expect ada to be headed down. As you can see from my wave count, we have finished the wave 5 of the wave c of the great wave 5. The Rsi and macd are bearishly diverging, especially the 5 minute rsi, which shows lower highs on every higher high on the price action. Expect a correction to atleast the top of the wave 3. The stop loss is the previous all time high.
BITFINEX:ADAUSDShort
by Mika_k
CADJPY Daily S/R| 200DMA| Bearish PA| Local S/REvening Traders, Today’s analysis – CADJPY – confirming a bearish divergence and breaking Daily S/R, lower targets probable, Points to consider, - Swing high failure - Daily S/R (resistance) - Local S/R (support) - Oscillators divergence - Bearish Price Action CADJPY’s recent high was not exceeded, establishing a valid failure swing. This allows us to have a bearish bias on the market. The Daily S/R is the immediate resistance; price respecting this level will confirm a bearish retest. The 200 DMA is currently supressing price; a break will likely be impulsive into Daily S/R and 21 DMA which is in confluence. Local support is the next HTF trade location, testing and holding this area will be critical for the overall trend. Both oscillators are below 50, this is indicative of weakness in the market thus any rallies are likely to be sold into. Overall, in my opinion, the current price action is bearish, this allows for a valid short with defined risk. Price action is to be used upon management/ discretion of trade. Hope this analysis helps! Thank you for following my work! And remember, “Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.” – Sunrisetrader
Short
by AzizKhanZamani
4
4 HOUR BEARISH DIVERGENCE CONFIRMED ~ (one big potential trap)-Yurlo Please HIT the like button 👍 Last time I got a signal for an indicator was bull div September 4th - 6th, which should of longed (I didn't, that's okay its about how you react and manage your position) Bearish Divergence confirmed September 15th going into 16th. If it's accurate we should retest $10600 at least. My predictions: (of course i can be wrong lol) 2020: we’ll have a macro reset and test weekly & monthly moving average’s below (10k) 2020/2021: bottoms out after economic crash (3k - 6k) 2021-2022: start of bull run to ATH starts after CT says we go to $0 2025: the year digital currencies are welcomed into mass adoption
BYBIT:BTCUSD.PShort
by Yurlo
18