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Bearish Trend Line

USDCHF Sell IdeaD1 - Price respecting downtrend line so far. We may expect the price to respect this dynamic resistance again and if it respects, we may expect it to move lower. Hidden bearish divergence has turned into continuing bearish divergence. H4 - Bearish divergence, perfect uptrend line. We may start looking for sells with the breakout of this uptrend line. Note: False breaks of the downtrend line are acceptable. If the price breaks above this downtrend line and holds above it, then this setup is invalidated.
Short
by VladimirRibakov
EURUSD Buy IdeaH4 - Price nearing the bottom of the channel. Hidden bullish divergence transforming itself into continuing bullish divergence. H1 - Price respecting downtrend line. We may now expect the price to move higher, respect this trend line again and then to push lower towards the bottom of the H4 range Aggressive - You can go long with the breakout of the downtrend line. Conservative - Wait for the price to break above the most recent high and then start looking for buys.
Short
by VladimirRibakov
Bitcoin Bull Trap Unfolding - Hidden Bearish Divergence on DailyOn the daily we have a large hidden bearish divergence. A hidden bearish divergence of this length is rarely wrong. We have bounced completely off both the bearish trend line and closed below it, we have also fell back through FIB retracement line .382 which is a important line to break. We are seeing bearish signs in MACD in 4 hr and several different bearish divergences. Anyone calling this a bull run is crazy, we are definitely still very bearish and this temp rally back towards 11k is probably going to meet with a huge refusal and a further drop lower. We should be looking at a large drop soon. Keep a level head guys!
COINBASE:BTCUSD
by theflamingfalcon
4
Bancor (BNT) Long-term Technical AnalysisJust as in my other TAs, I'm going to be tracking coins that I'm personally interested in. I got into BINANCE:BNTBTC back in November, but have seen its value slip during the BTC crash and now the recovery. It's a decently-sized coin with a lot of potential and actually have a use case to solve. Long-term, I'm bullish on BINANCE:BNTBTC , but short-term I'm staying out of it until we see some reversal. I'm seeing BINANCE:BNTBTC go parabolic here, just not in the direction we'd like it to be going in. What I'm looking for here is short and sweet: An end to the downward-facing parabolic line with a flattening section or quick reversal Oversold on RSI with a quick reversal and decent volume A continuation of this trend over several days, it will take a lot to reverse this trend Not too much information in this post, but I'm more interested in a reversal point, not in a consistent downward trend. I'd like to hear your thoughts on BINANCE:BNTBTC ! Where do you think it's headed after this consolidation period? Are we headed for a bull run or will the bears finally take it below the 0.016 support? Please comment below, as the more input we see, the more informed we are! *** This is not a recommendation to buy or sell, this is for educational purposes only! ***
BShort
by dsgorthy
MIOTA (IOTA) Downtrend and Possible Reversal Analysis. Tune In!BINANCE:IOTABTC has taken a beating for a while now. While I am long-term bullish about projects attempting to monetize the IOT revolution, in the short-term we have seen BINANCE:IOTABTC slip. There's an obvious downtrend channel since the beginning of the year, with a shorter-term downtrend channel shown in grey. The short-term channel is shown by running a linear regression on of the oversold and overbought points. Recently, we've broken below this channel. I'd like to see a recovery back into the channel. If we don't see that, we'll see a strong continuation of the 2 month downtrend channel. I'll keep this updated, as I'm considering selling off and taking some losses to free up funds in the short term. I'd like to hear your thoughts on BINANCE:IOTABTC , especially if you're trading/looking to trade! Please comment below, as the more input we see, the more informed we are! *** This is not a recommendation to buy or sell, this is for educational purposes only! ***
Long
by dsgorthy
2
XRP- Possibly breaking Downtrand Line Ladies and Gentelman we're here to present you the ultimate trading opportunity ! Chart has allowed us to spot a long position opportunity based on breaking heavy downtrand line and crossing Ichimoku Cloud and MA 50. Recent history has proved us that breaking this downtrand line is crucial for possible upper movement. Pending buy orders should be placed above Resistance Zone approximetly @0.000103798 with Target around @0.0001195 and Stop loss below 0.382 Fibonacci level @0.00094288 Remember you are solely responsible for your trading and investing decisions.
Long
by MandMTrade
4
AUDCAD Buy IdeaW1 - Price respected strong support zone again. D1 - Bullish divergence, price pushing higher. We want the price to break above the high at 0.9790, creating higher highs. H4 - Price respecting downtrend line. Both directions are possible from here. In this case there are two possible scenarios to confirm bullish momentum. Scenario 1 - Price to create higher highs and we can go long after correction. Scenario 2 - Look for triple wave up, followed by double wave down and then we can go long with the breakout.
Short
by VladimirRibakov
Example of a Downtrend Parallel Channel on PFFPFF formed a downtrend parallel channel. A downtrend parallel channel (bearish channel) is a continuation pattern that slopes down and is bound by an upper and lower trend line. The upper downtrend line it is called main line and marks resistance and the lower downtrend line it is called channel line and marks support. For a bearish channel, the main line extends down and at least two bounces highs are required to draw it. To draw a channel line ideally needs two bounces lows, however, some traders draw it using only one bounce low. In a bearish channel the target is to short when prices reach main line resistance and take profit when prices reach channel line support, then, wait for prices to reach resistance again and repeat.
NASDAQ:PFFEducation
by heco08