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Divergence

KBE: S&P500 / BANK RUNS / RSI / MACD / DIVERGENCE / BANK CRISIS DESCRIPTION: The chart above shows a relationship between KBE & SPX which is important for the current ongoing banking issues. KBE is a BANK ETF that reflects the overall performance of the banking sector in the United States. At the moment there is a major discrepancy between KBE & SPX value. Normally there is a consistent relationship between the banking sector performance and SPX value but one will have to give in eventually. POINTS: 1. Deviation is 6.25 Point difference & represent crucial points of control for price action. 2. Vertical Orange Lines represent peak price action for S&P 500 & KBE before correction. 3. AVERAGE CORRECTION OF 12% ON KBE DURING BEAR MARKET. RSI: Overextended from RSI AVERAGE banking sector can see some pullback in the coming days. MACD: Currently in EXTREMELY OVERSOLD TERRITORY on MACD FULL CHART LINK: www.tradingview.com AMEX:KBE SP:SPX
AMEX:KBEShort
by DGSTBROKERACC
AUD/USD 1H Technical.Recently there was a bearish CHoCH made on the 1H time-frame for AUD/USD. We might see double sided trade opportunities potentially. Reason for potential long entry; We see that the price recently was consolidating the past days, we might see a jump from the Order block that the price is right now and filling the FVG recently made, retest the S/R area and continuing the consolidation trend by moving up. Reason for potential short entry. The price broke the recent Support level at 0.66550, me might see the continuation of the bearish trend because it was recently discovered a "Change of Character" . It might potentially move lower after retesting the 0.66550 Resistance level (previous support). By any means, moving the price below the Anchored VWAP line and strengthening of the US Dollar, we might be looking for shorts. REMINDER; Always make your own analysis and before taking any kind of trades, make sure you have a solid confirmation about the move that your willing to take. FUNDAMENTAL REMINDER; Watch out for the interest rate decision on 22/03/2023. It will have a really important impact on the US Dollar. Looking forward for your comments on this idea.
by RumbaCash
BTC - Where we've been, and where we're likely headed.What an exciting ride it's been in Macro Markets lately! If you're into S&M; that is. I've long said, thanks to Luke Gromen, BTC is our best Liquidity Gauge in markets. And BTC hasn't failed us this time either. It sniffed out a change in tides, well before any other asset in markets. Where we've been.... 1) BTC on the Weekly chart puts in a beautiful, textbook "Bullish Divergence". 2) BTC closes on the Weekly, above the Kijun, and with High Volume (Green candle, not color, the 'g' below it; indicating high volume and high price movement : Bill Williams theory) 3)BTC breaks above the Descending Forecast Line (Orange Dotted) from our 69k ATH! This is HUGE. I took profits on Longs here, as generally speaking, the first touch of a Forecast Line rejects. We proceeded to grind down the Forecast Line (on the upside of it), and this week have broken back out to the Upside, consequently also breaking through the new Forecast Line made by our original piercing/pullback of the 69k Line. This is all beautifully Bullish, and as I said...was indicative of BTC sniffing out a Pause/Pivot/Trouble in the FED's "tightening" scheme. It will definitely be interesting to see what Powell does re: Rate Hikes in a few days. So here we are, breaking through many "resistance" areas, and now sitting just below this very thick Cloud. A pullback to the Ascending Forecast Line (from the 15,xxx Lows) would not surprise me, and would likely represent a perfect Buying Opportunity (currently 19,2xx and rising). Where we're likely headed.... 4) The 32-33k region has a very flat Kijun and SSB, a likely candidate for a Target on running Liquidity/Pausing/Resistance. 5) The current Monthly Kijun as well as ~~Weekly SSB around 42,2xx would be the next higher target. 6) Followed by the 69k ATH Monthly Forecast Line (Red Dotted Descending) currently > 50k and descending. Unless Global Macro forces change suddenly, and the FED decides to ramp rates much higher ( I don't see this happening ), I see Medium to Long Term upside for BTC, and Dips are for buying. As always, good luck, have fun, and practice solid risk management.
BITSTAMP:BTCUSDLong
by mrjones2020
EURAUDHi EURAUD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
ROSE LONG Reasons to be long on rose/usdt . With a huge bullish divergence on the RSI 1H time frame . Bullish order block . Oversold RSI H1 Unfortunately for altcoins they don't usually move independently of BTC, especially when btc is bleeding it causes alts to bleed even more. With this in min this is a great long opportunity for a swing trade back up to local highs, however if BTC decides maintain its SFP (swing fail pattern) then a stop loss under the most recent higher low would confirm bearish structure and the trade has failed.
Long
by ProR35
GBPAUDHi GBPAUD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Long
by HamidRamezani1992
1
BTC bull run has started!!! BTC rally to new ATH from May 2023!!Dear community and my loyal followers. I would like to share one of my best analyses which proves all my analyses have been posted since 2022 June . I'm looking at monthly timeframe. As you see on the bellow indicator, after consecutive green columns when price created equal highs, a grey column appeared on monthly & marked BTC bottom + a new bull run start. After 1st grey column the last green column appeared & price dumped and tested the base of the structure, 2 months later the price bounced above equal highs and BTC started its rally to new ATH)) Where is the price now? in 2015 BTC dumped 12.19% bellow the trendline with the wick but candle close above it. I expect the same 12.19% dump bellow the trendline at the current moment hitting the orange line/almost 18K/ could be +-300-500$/. I expect the price to go below the trendline and test my main zone 17.5-18.5K zone with the candle close above the trendline. I inclined that the same scenario repeats this time and BTC will be above 25K on 1st May when 2d grey column appears & BTC starts its rally to new ATH. Don't forget that the same 2015 scenario happened couple days ago when BTC reached 25K/ Check my previous analyses titled BTC Super Guppy's super prediction)) 24-25K then 28-30K or 19K & Will BTC repeat this identical pattern as it did in 2015?. Also please check my previous analysis posted before this one/ BTCUSDT !! My ideal BTC scenario for coming days and weeks./ and pay attention to comments where you can fine more than 5-6 proofs about BTC bottom and a new bull market start. Don't forget to like, share, comment, and follow please. I will appreciate any single comment.
BITSTAMP:BTCUSDLong
by ergal91
4
The Hidden Negative Divergence of BTCWe have already broken rising trends and channels in a short time range. It seems to have strengthened the effect of MR.Powell's explanations in the fundemental analysis section in the fundemental analysis section, which we have been exposed to in recent weeks and the negative incompatibility of the daily period and the price of the daily period and the relative power index. As if it were not enough, there has been an obvious hidden negative incompatibility in terms of price and relative power index choice during the weekly time interval. I think that the decline will last up to $ 18.500 and we can start to focus on the $ 12-14K band depending on the reaction it will receive or get from those.
Short
by the6ylal
BTCUSDT - Wanna go hit the fence?We've seen an amazing push in BTC and in crypto in general but, I don't know, I can't believe that the bottom is in yet, looking at the actual situation. It doesn't seem like the market is in risk-on mode quiet yet, so anyhow, I'm going for a small short on BTC, back to previous level @ 22500. Sorry I didn't show it before, I'm in since the wick we've had a couple of days ago on H8 as you can see with my position But here is the situation with BTC, after a big push we're starting to see what looks like a double top, with a divergence on oscillators on higher timeframes. The price recently broke under 23500, which appears to be a strong level. It poked the 22750ish level, before to go and retest the 23500 area. I was then watching for price action to go short, aknowledging that we were at a trendline, and that price actually reacted to the 3rd touch of the trendline but, not much follow trough and, looking a the macro, I'm bearish BTC for now. It's tight, I'm definitely babysitting this one untill it leaves my level, but, price action gave me enought reasons to enter this short term trade, so, I did. Cheers everyone and as always, trade safe!!!
Short
by aemerydufoug
2