BTC bearing divergence Careful, Btc is creating higher highs but the RSI is printing lower high, Losing in strength!!!
Bearishdivergences
Apollo Tyres, Bearish Reversal with Divergences & Evening StarStock : Apollo Tyres
CMP : 499
Timeframe : Monthly
Pattern : Bearish Reversal with Divergences & Evening Star
Trade Type : Short
Price Action & Technical Analysis
- Bearish Divergence
- MACD Down
- Price is below 5 Moving Average
Target 1 - Rs. 436
Target 2 - Rs. 366
Stoploss - Rs. 520
Disclaimer : "The information provided in this content is for educational purposes only. Please do your own research and consult with a professional financial advisor before making any investment or trading decisions. The author is not responsible for any financial losses incurred as a result of applying the information contained in this material."
Bitcoin consolidating and waiting for possible reversal SHORTI see Bitcoin as ready to fall as its next move. Short sellers are positioning. Volumes are falling
in a signal of capitulation. Relative strength is showing bearish divergence while price is in
consolidation. The boxes are checked and it is the weekend when the price volume trend is
typically sideways. This is demonstrated by the flatline PVT. I will short Bitcoin when I see
a bit of a volume push. I will reassess by crypto-related stock and options positions in due
diligence to protect risk.
NZDCADIs NZDCAD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.88600 What you guys think of it?
Gold to Repeat the 80s by Undoing 20+ Years of Price ActionGold seems to be on track to completing a fractal of the mid 70s to Late 90s where it resets over 20 years of Price of Bullish Price action by way of losing over 70% of its value after a previous inflation fueled rally. Now we can see that we have the 20 Year Trend Line, A bearish Alt Bat, Bearish PPO Confirmation, and Bearish Divergence all as we head back towards trend where we will likely break and begin what will probably a long and slow decline down until we reach the 20-30 year lows at around $253.
This is basically a followup to my last 2 macro gold charts that I will provide in the related idea section below.
AMZN Do Bearish Divergences Predict a Reversal? SHORTAMZN has ascended 15% in the past two months. As shown on the 4H chart, dynamic
resistance has been the red lines designating two standard deviations above mean
VWAPs are anchored in February and early May. The two indicators however suggest
bearish divergence. The zero-lag has lower highs and lower lows on the K / D line
excursions. The Chris Moody dual RSI shows the RSI on the blue daily time frame
dropping and crossing under the black weekly time frame RSI. Fundamentally, according
to the linked article AMZN typically drops 0.34% on Prime Day. Based on all of this,
I am expecting a reversal. Upon confirmation, I will short Amazon in a possible Fibonacci
style retracement.
Not interested in buying Cardano coinHighly bearish confluences of strong signals on 1D chart of ADAUSDT. The price action reached supply. Double top formation. Overbought. Heading downward. Potential Head & Shoulders scenario development till the final of April. Grey area is a not-trade-zone.
Technicals:
* ABCD reciprocal .886:1.128;
* Fisher Transform bearish cross / bearish divergence;
* Chaikin Money Flow bearish divergence; 100MA x 100EMA cross;
Bearish divergence and extremely overbought TA is a LIE there's absolutely no reason why XRP going up. Please don't destroy my short.
It's a dinosaur dead coin with poor fundamentals. Doesn't have smart contracts, after more than 10 years. Mostly hyped up by early investors. People predict on internet this coin will 1000x and eat all other crypto. 1500 tps poor.
If this stuff pumps then TA is a f... scam!
Rising Wedge with Bearish Divergence and Evening Star DojiWe seem to be showing some weakness on the RSI and MACD in the form of Bearish Divergences.
At the same time we are at the supply line of a Rising wedge Visible on the Daily and Higher Timeframes.
We have printed a Dragonfly Doji at the Highs and if we close Bearishly today it will be an Evening Star Doji Confirmation. I'm expecting about a 30%-60% Decline from here.
Bearish Gartley Entry on GoldWe are likely to see and ABCD move downwards from here as we have been showing some fairly bearish price action near the PCZ of a Bearish Gartley and are in a Bearish Trend.
Bullish 3 Line Strike at PCZ of Bearish ABCD on the Daily TFWe have Bearish Divergence on both the MACD and RSI. I previously pointed out this ABCD on a different chart but today we got one of the most Bearish Daily Candlestick Pattern Confirmations that we could ask for at these levels and it is in the form of a Bullish 3 Line Strike and are Diverging on Both indicators.
I will have stops above the terminal bar's high and will add to the shorts if it makes a retrace towards the highs again and i will target the C level at around $50 for profit taking.
2HR Bearish Alt-bat with Bearish Divergence and Shooting StarWe got a bearish Shooting-Star reversal pattern at the pcz of a bearish alternate bat pattern and rsi bearish divergence
ETH-BTC Etherium Descending Stairs..Intervla: 4hrs
Description: After missed incline, ETH descended on the stairs now push to step up before looses another step.
BTCUSD - H4 - BEARISH DIVERGENCE (to be confirmed) !High volatility and "rock and roll"... seen over the last 8 hours...
Mid Bollinger, leading support indicator, worked once again perfectly well on a closing level basis :-)
Last H4 candle on a closing basis triggered firstly a long white bullish candle..but secondly
also triggered a second RSI bearish divergences, calling for a greater caution.
In addition, a potential double top formation is also in progress !
Therefore, ongoing price action over the coming hours should be watch, as usual, very carefully
in screening scrupulously shorter time frames to detect validation or invalidation of a reversal.
Watch also closely the Lagging line !
Good luck and have a great week
All the best and take care
Ironman8848
Weekly Bearish Engulfing at 1.618 Fib ExtensionWe have bearish divergence on momentum and rsi at an important fib lvl after breaking the trend and bearishly engulfing on the weekly
AUDCADIN AUDCAD we can see price is rejecting from its daily and 4H strong reistance zone and now price is forming rising wedge patterns in uptrend which is the sign of reversal one more confirmation is rsi bearish divergence but we need to confirm this after the breakout of rising wedge down side than we entr short position and out targets are wedge starting point which is 0.9284 and if this level break than we try to achieved TP2. NOW talk about stoploss which is very important so our SL is This red resistance zone 20 to 25 pips above this zone.
GOLD - Pull Back To 1750 After Touching 1790 ?Gold has hit the previous structure and resistance zone at 1790-1800. It has formed a hanging man candlestick pattern on 1-hour chart with negative divergences on MACD and RSI indicators.
Expect gold to pull back to 1750-1760 support zone when gold breaks 1780 level.
Incoming Rising Wedge Bearish Reversal for the USDBearish Divergence on the RSI at the 0.886 and Forming a Rising Wedge on the Daily.
I think we will make atleast a 50 percent retrace before we get the next bullish opportunity for the USD arises.
Weekly Bearish Shark with Bearish DivergenceIt's all clear in the chart; Shorting at the 1.27 and targeting the 50 percent retrace for profit taking, stops above the high.
Decent Argument For Bearish Divergence On The 4 Hour at a 61.8%At a 61.8% Fibonacci Retracement we have 4 Hour Bearish Divergence on the MACD, and Stochastic RSI and the Regular RSI is at Overbought territory. I expect to see at least some kind of of mild pull back from here Potentially making this a Bearish 5-0 where we continue to make lower lows.
Signs of Buyer Exhaustion At Resistance ZoneMACD Divergence, MFI Overbought, and Momentum tilting downward. We may see a Pullback from these extended levels down to 1.072.
Stoploss at 1.09
