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Divergence

a $MASK we can all agree onThis Sugar Honey Iced Tea coin has something for everyone right now! Whether you're a Basic Indicator Becky or a Geo/Harmonic tweaker...(or both, like yours truly) 1. RSI Bull Div (my fav) 2. Volume building (my fav) 3. Bear Gartley at major TP zone (my fav) 4. At long-term support (boooorrrrrrrriiiiiiiiiiiiinnnnnnnnggggggggg...jk) 5. Adam & Eve on lower timeframes (my fav) Re: the gartley...this is the third of four take-profit zones for ppl who shorted the top. The first three are the reversal points (ABC) of the XABCD. The final theoretical gartley TP point is the 1.618 extension of DA, from D. Which in this case would be negative. I'm not sure that invalidates the possibility that this will go lower. But maybe (THEORETICALLY)? AKA the pattern is as complete as it can be, theoretically. Although, at this point would it surprise anyone if crypto went negative? LOL The coin btw is something about "bridging Web3 with Web2" and bringing decentralization to centralized platforms...if you're like me and you prefer your degeneracy like this instead of in meme form...get on the rocketship! mask.io Not financial, medical, or spiritual advice. Could go lower obviously, none of this is prescriptive, TA isn't real...and always remember to consider what time of the month it is for bitcoin. Use stop loss, stay hydrated, get fresh air, tell your people you love them and remember crypto is a scam and money aint ****<3 Thanks for reading! I appreciate all feedback. Esp on how to disable auto links on tickers haha
Long
by FinanciallyCodependently
1
BTC, Is the Bear Market Over?BTC looks like it has completed a triangle for the final wave of a diametric pattern which began in mid 2021. We will likely see a rapid melt up from here. Targets are well above all time high if we can confirm the end of this bear market. Macro LARPers will get rekt trying to short into extremely high and sticky inflation. Alts will outperform BTC because of regulatory changes coming in the next year that will clarify securities laws and end SEC manipulation of crypto markets.
COINBASE:BTCUSDLong
by Intuit
MSFT- found intermediate supportMSFT gapped down into intermediate support @ 220 today (after another round of "bad" CPI report that spooked the markets) but immediately reversed to form a bullish engulfing candle on the daily chart (and a potential pin bar on weekly chart). Bullish divergence can be seen on both the weekly and daily charts which gave more conviction to this current support @ 220 (medium term resistence turned support) Granted that a bounce from an bullish divergence can be just a short term counter trend (in a bear market), this support at 220 is still significant unless it is breached to the downside. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
NASDAQ:MSFT
by Juliac
Prataap snacks Ltd - MACD CROSSOVER 📊 Script: DIAMONDYD (PRATAAP SNACKS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FMCG 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Packaged Foods DAILY TIMEFRAME Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈 Script is moving towards its resistance level which is 908. 📈 Current RSI is around 76. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 869 🟢 Target 🎯🏆 - 908 , 1000 ⚠️ Stoploss ☠️🚫 - 799 ⚠️ Important: Always maintain your Risk & Reward Ratio. ⚠️ Purely technical based pick. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat🔁 Happy learning with trading. Cheers!🥂
NSE:DIAMONDYDLong
by radha_23
2
UNI's Situation right nowUNI is in an ascending Triangle. this means the Price Might Have a chance to Increase as much as the measured Price movement(AB=CD).right now the Price has touched the bottom of the Triangle and It should Start a Bullish Movement soon. The Price might fail to Increase as it was Expected and Lose the Bullish Trend. in that case the Price will reach the Support Line which is shown on The chart. There is also a Regular Bullish Divergence(+RD) On MACD which is a Bullish Sign that should be considered as well.If the Bullish Trend Happens, The Price might even Break the Triangle Upwardly! -UNI is in an Ascending Triangle -(AB=CD) -(+RD) on MACD -It might lose it's bullish Trend -Expected Movements and Supports are shown on the chart _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 🌍Thank you for seeing idea . Have a nice day and Good luck
by CobraVanguard
3
Is software ever coming back? $DV is leading the recoveryDoubleverify Hldgs Inc help brands improve the effectiveness of their online advertising. I bought half a position and so far the price hasn't under cut its support at $25, just were my stop is. For me this is a really good sign, considering what the SP:SPX is doing. The bad thing is that the OBV and ROC is signaling a bearish divergence. If I had full position I'd have cut it in half. So, as long as it doesn't break from the $25 support I'll hold my position. If price goes above $29.50 I'll add more.
NYSE:DV
by dpuleo19
SPX - this rally could have legsDespite that bullish engulfing candle with strong volume on 13 Oct, the market continued to climb a wall of worry for the next 5 days. However last Friday's strong close is a "follow through" day that added to my conviction that this rally could last a fair bit. On the Monthly Chart (not shown here): A potential "bullish piercing candle" (monthly ) will be formed if by the end of this month we have a close above 3762. So let's see! On the weekly chart: 1. SPX had rallied after testing the first major support @ 3500 on 13 October (last major support is around 3200, may not get there) 2. we see bullish divergence playing out On the daily chart: if SPX can close above it's immediate resistence @3800 (a mini inverse H&S neckline and also the 50% fib retracement of the recent XY down swing, then it could attempt to rally (minor pullbacks not withstandng) towards 4100 (inverse H&S target, incidentally 4000 - 4100 zone is critical as it also where the major downward trendline resistance is. The bears and bulls will be having their last battle here. Could this be just another bear rally (albeit a strong one) or could the market have bottomed out at it's most recent low of 3491? I guess we will never know for sure except on hindsight. The market seem to be resisting much lower levels than 3500 (at the worst case we could have a double dip back towards 3500 within the next few months although I feel the chance of market going lower than that is diminishing. Still protective stop loss is must. p/s Fed starting to sound less hawkish in the coming days could be the ultimate signal for the bulls. definition of "follow through day" here: www.investors.com Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
SP:SPX
by Juliac
3
The easiest way to spot divergences and how to trade them Welcome to the coffee shop everybody. This is your host and baristo Eric, and in today's video I am giving you a video Lesson based off of my preferences on how you should look for and use RSI Divergences. THe Oscillator used in this video is The Heiken Ashi Algo Oscillator Get it free here and always BOOOOOOOOOOST IT!! There are three problems that people have whether they are experts or when they are novices in spotting Divergence between the RSI and price. First problem is they don't know where to look because the RS I can have hundreds of high values and hundreds of low values but you need to know which ones are the relevant ones to look at. The second problem is a common question where people ask "which way will the price go?" The answer to that is basically the slope of the RSI is the new slope of your price so, if the RSI is angled up your price will angle up. If the RSI is angled down your price will angle down. Now hold on a minute don't run off and start acting like you know how to trade divergences yet because there's still question number 3. When will it go in that direction? Just because you see a Divergence doesn't mean it's going to immediately happen so you need to know what to look for to let you know that it is actually going to go in that direction and when will that Trend begin. So in today's video I do a nice lengthy coverage on how to spot those answers and you can use the oscillator in the video by going to this link.
Education
by CoffeeshopCrypto
70
Bollinger and Wilder Charts Suggesting BottomThe Bollinger chart is on the left and the Wilder chart is on the right. The Bollinger chart shows bullish divergence between price and %B which is confirmed by AD%. See the yellow bars. AD% is a normalized accumulation/distribution indicator. Price has also created a double bottom and closed above the 20-day moving average, triggering a long entry. The Wilder chart shows bullish RSI divergence with a failure swing (higher low and higher high), as indicated by the yellow bars. ADX is threatening a crossover but has yet to achieve one. The parabolic SAR has triggered a long entry. The two lower indicators are not Wilder indicators, but both are showing bullish divergence. Note: a 50% retrace was accomplished last week. I went long two micros after the bell with a stop below the day’s low. I’ll consider closing the trade in part or in full near the 9-week moving average which is near the high from a couple weeks ago at 378.50. SPY closed at 371.13 today and is currently up after hours as of this writing at 8:27pm EST.
AMEX:SPYLong
by Skipper86
1
Sushi - Bearish Divergence 4HSushi has ben on the roll recently, with strong bullish pressure making its price reach its multi-month high. On the 4H time frame SUSHI is forming a bearish divergence with higher highs on the price and lower high on both MACD and RSI. RSI its losing momentum at the moment of the writing, while still sitting in overbought territory. I would open a short at these price, with target price at the demand zone at around $1.2. Remember that buying pressure is still very high as highlighted by the volume levels, thus play safely.
Short
by crypto_angelz