Divergence
📈BTCUSDT Price correction scenario📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous analysis and positions.
According to the recent growth of Bitcoin at the same time as Dominance fell below the level specified in the latest analysis, there is a possibility of price correction at the same time as this cryptocurrency falls.
Price divergences are marked on the chart
Don't forget to risk-free your position.
Consider the impact of the jobless claims on Thursday.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
W9-21 NZDCAD BULLISH IDEA (HARMONICS REVERSAL PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at FIB LEVEL 0.382
SL & TP Levels are defined.
W9-20 NZDJPY BEARISH IDEA (HARMONICS REVERSAL PATTERN)Potential Bearish Entry
Dow Theory In Place - Lower High and Lower Low Expected in Place
Formation of Harmonic Bearish reversal Patte coupled with bearish divergence at potential reversal zone (PZR)
Entry at LL on the basis of harmonic reversal pattern, candle stick pattern (three black crows), and support and resistance.
SL & TP Levels are defined.
W9-19 AUDCHF BULLISH IDEA(BULLISH HARMONICS PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern and coupled with bullish divergence at potential reversal zone (PZR)
Entry at hh on the basis of harmonic reversal pattern
SL & TP Levels are defined.
BTC At Major Resistance, Regulatory Headwinds RemainSeems like we are hitting a strong bearish divergence here. Breaking down from this triangle would likely mean we go to at least 20-25k, and breaking down from that support could mean we go under $16k, and likely head towards $10k. Still seems probable that Microstrategy/Saylor are forced out of at least most of their position, more so than they already have been (via dilutive equity sales).
Regulatory and systemic headwinds from the US are still weighing on the market as well, and we could see more attacks on the industry coming from the SEC, CFTC, etc. Coinbase recently received a wells notice, which means they are likely going to be sued by the SEC in the near future. This could continue to put a major damper on new money flowing in from the US.
BTC Weekly Bearish Volume divergenceThis is very simple observation so I will not get too much into it, because chart speaks for itself.
The fact I remain bearish doesn't mean I don't trade along the current trend. I'm saying that despite everyone on social media yelling bull run, I see bulls, but they are not running.
SOLUSD - Bearish DivergenceBased on my analysis, I have identified a bearish divergence in the market, which suggests that the trend is likely to continue in a bearish direction. In order for the divergence to be confirmed, we need to see a break of the previous higher low (HL).
With this in mind, I recommend taking a short trade with a risk/reward ratio of 1:1. Here are the details of the trade plan:
Trade Type: Short
Sell Stop: 23.59
Stop Loss: 24.48
Lot Size: 96
Take Profit 1: 22.7
Take Profit 2: 21.81
By following this trade plan, we can potentially profit from the expected bearish trend while managing our risk with a well-defined stop loss. It is important to monitor the market closely and adjust our trade accordingly if new information arises.
BTC Massive bullish divergence BTC has formed a massive bullish divergence. I think the bottom is in. the worst had already come. which was ftx disaster.
2023 for crypto is looking great. in worst case scenario we can still revisit 14-15k but I believe the massive pump is looking great. btc could correct to 30-40k in 2023.
another reason is DXY is also looking weak at the moment.
PSNY: DIVERGENCE / CALLS FOR MAY / US TOUR CATALYST / EV GROWTH DESCRIPTION: The following chart is an micro analysis based of technicals & current PSNY US TOUR that can soon prove to be a bullish catalyst for the next big bounce.
POINTS:
1. Deviation between Supply & Demand Pockets remains at 1.50.
2. $3.25 is CRUCIAL SUPPORT THAT MUST HOLD.
3. Break past $4.00 threshold by April 19th is necessary for bullish case to take place.
INDICATORS: In regard to indicators RSI is showing strong divergence on the 4HR Timeframe which has been indicative of a sudden bullish reaction in the past when price action has ben in a consolidating phase. An important level to watch when it comes to MACD would be -0.5 currently MACD is close to crossing over but needs to stay above to further validate play.
SCENARIO #1: In a BULLISH scenario we come to see price action break past the $4.00 threshold by at least April 19th.
SCENARIO #2: In a BEARISH scenario we lose CRUCIAL SUPPORT of $3.25 & see a continuation of bearish price action too $2.50.
FULL CHART LINK: www.tradingview.com
NASDAQ:PSNY
NASDAQ:PSNYW
Bonds near reverting its downtrend, $TLTThe 20-year bonds ETF is near a key breakout level that should confirm a new uptrend in bonds.
This should be followed by a breakout above 4,100 in the SP:SPX .
Just look a the bullish divergence between the MACD and the price of NASDAQ:TLT , its a very good signal.
Let's wait for the breakout and follow through.