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Divergence

🔥 FET Bullish Divergence: Huge Upside PotentialFET was one of the major winners of the first few months of 2023, but has been severely lacking over the last months. However, after FET reached daily oversold levels on the RSI recently, it caught my attention. At the moment I'm seeing a strong bullish divergence on the chart, which could be an indication of a reversal. I'm waiting for the price to close above the 0.266 levels, since it seems like a strong resistance. Once we're above there, we can look for long opportunities. Risk-averse traders might want to take partial profits at 0.285 and 0.345, or even move the stop to break even at the very least.
Long
by FieryTrading
9
Introducing the Trendicator (by Stock Justice)In this comprehensive tutorial, we dive deep into the world of the Trendicator, a powerful and innovative trading tool made by @StockJustice that enables traders to identify trends, spot reversals, detect bullish and bearish divergences, and perform multi-timeframe analysis. We delve into the inner workings of this never-before-seen indicator, demystifying its complex algorithms and showing you how to harness its full potential. From understanding the unique features of the Trendicator such as its compression stages, divergences, and MACD crossovers, to learning how to pair it with a Displaced Aggregated Moving Average (DACD) for enhanced precision, we cover it all in a fun and engaging manner. The tutorial is not just about explaining the Trendicator's functionalities, but it also provides practical tips and strategies for using it in real-world trading scenarios. We discuss how the Trendicator can help traders spot the onset of a trend, gauge its strength, and pinpoint potential reversal points. Additionally, we explain how traders can utilize the bullish and bearish divergences identified by the Trendicator to anticipate market turns and make informed trading decisions. Lastly, we emphasize the importance of multi-timeframe analysis in trading and demonstrate how the Trendicator can facilitate this process. By interpreting the Trendicator's signals across different timeframes, traders can gain a more comprehensive view of the market and make more accurate predictions. This tutorial is a must-watch for any trader aspiring to level up their technical analysis skills and trade more confidently and effectively. So, get ready to embark on an exciting journey of learning and discovery with the Trendicator!
CME_MINI:ES1!Education
by StockJustice
AUDNZD | Bearish Divergence AUDNZD being in an uptrend means that the value of the Australian dollar relative to the New Zealand dollar is currently on the rise. Additionally, there is a notable development occurring in the form of hidden divergence on the Relative Strength Index (RSI). Hidden divergence refers to a situation where the price of an asset and the RSI indicator move in opposite directions. In this case, the formation of hidden divergence on the RSI suggests a potential reversal in the current trend. This means that despite the ongoing uptrend, there are indications that the market sentiment might shift in the opposite direction. Traders and analysts often pay attention to hidden divergence as it can provide insight into a potential change in the market dynamics. AUDNZD is currently experiencing an uptrend, the presence of hidden divergence on the RSI indicates the possibility of a reversal in the trend.
Short
by awaisulabdeen
✅I Cannot cannot Short This !!!🤑The BTCUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern. 🌟 Bullish signals in the PRZ area are: - Support zone - Bullish Channel - The Bottom of the Wedge area - Falling Wedge Pattern - Moving EMA100 ❗and the Upward signals of market momentum are: - Divergence in MACD ⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed. ✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck.
by CobraVanguard
24
Introducing the Dynamic Fusion OscillatorHello, it's Stock Justice here! In our latest video, we delve into the world of the Dynamic Fusion Oscillator (DFO) - a tool that blends the power of the Relative Strength Index and the Stochastic Oscillator. I walk you through how it works, from understanding these two base components to how we fuse them to create a balanced and sensitive tool for identifying market trends and reversals. We dive deep into how the DFO uses moving averages to signal potential bullish or bearish trends, and how divergence within the DFO can indicate trend reversals or continuations. I also touch on the DFO's capacity for multi-timeframe analysis, giving you the bigger picture of market trends. Wrapping up, I remind you of the DFO's value as a versatile trading tool, but also emphasize the importance of using it alongside proper risk management and other technical analysis components. All in all, this video is a must-watch for traders aiming to enrich their toolkit and navigate the market more effectively!
NASDAQ:NVDAEducation
by StockJustice
📈Ethereum fake bullish scenario📉BINANCE:ETHUSDT COINBASE:ETHUSD Hey everyone, first take a look at my previous analysis and positions. Along with the analysis of Bitcoin, Ethereum can also continue its upward trend up to the stop-hunt range if the price stays above the 1854 level. Consider the impact of the ADP Employment Change & ISM Services PMI & Fed Interest Rate Decision. 5.25% or even lower can pump Btc and Eth. Please share ideas and leave a comment,1 let me know what's your idea. CrazyS✌
Long
by CrazyS
2
True Strength Index: Mastering Trend StrengthThe True Strength Index (TSI) is a powerful momentum oscillator that enables traders to identify potential trade opportunities by measuring the strength of a trend. This unique indicator is based on double-smoothed price changes, providing a more accurate representation of momentum in its truest form . In this blog post, we will delve into the world of TSI, exploring its uses, applications in trading strategies, and how it can be combined with other indicators to enhance its signals. What is the TSI Indicator? The TSI is a technical analysis tool that captures the ebbs and flows of price action by smoothing price changes, filtering out the noise, and producing a steadier line. The calculation of TSI consists of three key components: the double-smoothed price change, the double-smoothed absolute price change, and the TSI formula itself. As a momentum oscillator, TSI generates trade signals based on overbought/oversold levels, crossovers, and divergences. The TSI itself consists of three parts: the TSI line, the signal line, and a zero line. How is the TSI Indicator Used? Professional traders use the TSI indicator to gauge the strength of a trend, assisting with trade management and providing early indications of a trend continuation or reversal. The TSI oscillates between 100 and -100, with bullish and bearish trends indicated by crossings above or below the zero line, respectively. This versatile indicator can be used to hold onto winning trades, anticipate impending trend changes, and identify trend shifts through divergences. Examples of TSI in Trading Strategies TSI and Moving Averages: A widely-used approach integrates the True Strength Index (TSI) with moving averages, such as the 50-day moving average, to substantiate the potency of a trend. For example, assume the TSI value surpasses the zero line, while concurrently, the stock price is higher than its 50-day moving average. In this case, it may suggest the onset of a promising bullish trend. On the other hand, if the TSI dips below the zero line at the same time the stock price falls below its 50-day moving average, this could signify the emergence of a bearish trend. TSI Divergence: Divergence occurs when the price and the TSI indicator move in opposite directions. For example, if the price makes a higher high, but the TSI forms a lower high, it could signal a bearish divergence, indicating a potential trend reversal. Similarly, a bullish divergence occurs when the price makes a lower low, but the TSI forms a higher low, suggesting a possible trend change. TSI and RSI: Combining the TSI with the Relative Strength Index (RSI) can help traders identify overbought or oversold conditions in the market. When both the TSI and RSI reach extreme levels, it may signal a potential reversal. For example, if the TSI is above 70 and the RSI is above 30, it could indicate overbought conditions and a potential bearish reversal may be imminent. Divergences can also be confirmed by comparing the divergences on the TSI to the divergences on the RSI. Conclusion: The True Strength Index (TSI) is an invaluable tool for traders looking to gauge the strength of a trend and identify potential trade opportunities. By understanding its uses and incorporating it into trading strategies alongside other indicators, traders can enhance their decision-making process and improve their overall trading performance. If you like our educational content don't forget to give us a boost and a follow!
Education
by LeafAlgo