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Bearishdivergence

ETHUSD - Overbought - Bearish DivergenceOn the 4h-timeframe (left chart) chart of Ethereum (ETHUSD) we can see bearish regular divergence has appeared. Divergence is a strong indication that the price will move in the opposite direction. This chart is showing that it is likely for the price to drop. On the 1d-timeframe (right chart) of Ethereum (ETHUSD) we can see an overbought condition. The three indicators are all suggesting this condition and it is likely for the price to drop. The three indicators used are the Bollinger Bands, RSI, and the Stochastics. There are two indications on different timeframes and are complementary to each other and suggest that the price will drop. All further details are shown on the charts. Good luck!
BITSTAMP:ETHUSDShort
by vf_investment
11
BTC: QUICK UPDATE!!Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is forming an ascending channel-like structure in a 1hr time frame which is generally a bearish pattern. RSI is also showing bearish divergence. Price is still moving inside a channel and we might see another pump above the $21.5k level for trapping more longs and after that, a dump will be coming. Once it breaks down the channel then it is a confirmation for the price to go lower. Invalidation:- Break and close above $21.8k What do you think about this? Let me know in the comment section. If you like this idea then do support it with like and follow. Thank you!
Short
by CoreCrypto1
6
Bearish AB=CD on the SPDR Select Industrial Sector ETFThere is a Logscale AB=CD on the Industrials with Bearish RSI Divergence and the 1.414 PCZ of the Logscale AB=CD aligns with the 1.618 on the Linear Scale. I think it would be fitting to see this go down as i have recently become Bearish on Defesne Stocks such as RTX and HON, and have also become bearish on Airline Stocks such as BA and those stocks all happen to be in the top 10 holdings of this ETF so if they go down this ETF will go down. The standard Target for an ABCD like this is back to the C level which is around $47 in this case but for the time being i will target $80 via buying of the $90 Puts that are several weeks out.
AMEX:XLIShort
by RizeSenpai
LINKUSDT Peaked at this Reversal ZoneLINKUSDT seems peaked at this Right-Angled Broadening Wedge. I'm using Herif's Harmonic Pattern Projections indicator to show the 5-0 Harmonic structure within the Broadening Wedge. The price action is trading at this Potential Reversal Zone at the top due to a Candlestick Engulfing Bearish on BTCUSDT and a C-D bearish swing-leg can be expected to Volume POC level. Technicals: Volume decreasing shows bulls lack of confidence; Awesome Oscillator on H2 shown bearish Twin Peaks formation; Fisher Transform on M30 bearishness crossing. * 5-0 Harmonic Pattern was introduced by Scott Carney
Short
by firmestudio
4
Raytheon Technologies: 3 Line Strike at PCZ of Bearish CypherThe Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see prices on these kinds of stocks got lower as the PE Ratios compress just like every other speculative growth stock has done during the cycle.
NYSE:RTXShort
by RizeSenpai
EURUSD Top - Shorting The Bearish ImpulseEURUSD is on the verge of starting a sell-off. I am expecting in Impulse Wave in Minute C (red). The greenback (DXY) should be able to commence a Bullish Retracement. EURUSD under pressure. My Euro-Dollar Technicals: * Ending Diagonal in Intermediate (C) (white) * Complex Double Three Correction * Hidden Bearish Divergence * Harmonic Pattern: Bearish Cypher in Minute b (red) * Double Top Pattern * 88.6% Fibonacci Retracement * 161.8% Fibonacci Extension EURUSD SELL Signal: * Entry @ 1.06910 * SL @ 1.08700 * TP1 @ 1.0500 * TP2 @ 1.0280 * TP3 @ 1.0140 * Safety Measure: when in the green, moving SL to BE. * Sell Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by Lionheart-EWA
6
NZDUSD SHORT: Bearish ReversalNZDUSD is about to make a Reversal, with a Bearish Wave expected. I am expecting an Impulse Wave in Minor C (orng). My Kiwi Technicals: * Elliott Wave Reversal * Leading Diagonal in Minor C (orng), of Intermediate (W) (orng) * Upcoming Bearish Divergence * 61.8% Fibonacci Retracement * 127.2% Fibonacci Extension * Harmonic Pattern: Bearish Shark * Supply Zone NZDUSD SELL Signal: * Entry @ 0.6400 * SL @ 0.6630 * TP1 @ 0.6135 * TP2 @ 0.5900 * TP3 @ 0.5730 * Safety Measure: when in the green, moving SL to BE. * SELL Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by Lionheart-EWA
2
AUDUSD SHORT: Sell-Off In ImpulseAUDUSD is showing considerable weakness signs. The structure on the up-side since mid-December is Corrective. A sell-off in a big degree is expected. I am anticipating Intermediate (C) (red). My Aussie technicals: * Ending Diagonal in Intermediate (C) (white) * Elliott Wave Reversal Pattern * Upcoming Bearish Divergence * Running Flat in Minor B (white) * Double Top Pattern * Supply Zone * 161.8% Fibonacci Extension AUDRUSD SELL Signal: * Entry @ 0.69250 * SL @ 0.7100 * TP1 @ 0.6620 * TP2 @ 0.6455 * TP3 @ 0.6325 * Safety Measure: when in the green, moving SL to BE. * SELL Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by Lionheart-EWA
7