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Macddivergence

BTC Macro Entry Reversal Strategy. Highest risk return.Entry point for BTC based on momentum reversing out of the bear market. For those trading on confirmation and solid risk reward ratios. Find a safe bottom, not necessarily the lowest price. Strategy 1. The major buy signal comes when the first Heikin Ashi 1M closes green. (This was once printed in June 2014. But a high RSI would falsify the signal trigger) 2. Looking deeper into the MACD . We want to see a shorter Histogram close in the monthly. (Where a histogram peak is formed) 3. This is usually confirmed by a healthy sign of the Stoch RSI closing blue over orange. 4. If you're even more conservative. After the signal, I'd wait for an spike in volume. Notes. - My personal prediction is that BTC falls 85% towards 11k. However the strategy is triggered at a price the market has decided. The most important part is the risk adjusted return. - The strategy is best aligned to Lump Sum entry. - The histogram will peak. It's a matter of when. Therefore I'm not interested in the price. - I suggest replaying BTCUSD in past cycles on standard bars to see how the bars are printed. (H-A won't work on replay) - The strategy only has 2 major data points. I'd prefer 3. But the higher time frames install greater confidence. Tickers and Indicators. - BTCUSD INDEX 1M, HeikinAshi. - RSI and Stoch RSI . - MACD with histogram.
INDEX:BTCUSD
by Croftyness
Is INTC getting ready to break its channel?As with most stocks, INTC has been in a bearish trend beginning this year. Recently it has entered into a neat downward channel. Following the last test of the channel upper bound (denoted by the blue flag), a substantial decline occurred. This decline ended with a volume spike against the lower bound. The last test of the lower bound (denoted by the green flag) is strikingly different than the previous. It lacked a volume spike and did not push the Stoch or MACD to new lows. In fact, during the latest retracement up, both indicators flashed signals of a bullish divergence. It seems likely that this retracement following the latest lower bound will take us at least to the upper bound, if not break the channel.
NASDAQ:INTCLong
by Ronald_Ryninger
3
Lets Go Short – Double Top On The UK100Hi Traders, Today we are on the UK100 In the 4-hour time frame, we see a nice double top. My entry was the deepest point of the neckline. I waited for the price to retrace to the deepest point at the top of the resistance of the neckline. My short position opened then. I had confluence from the divergence across the MACD as well as the large bearish volume that occurred during the impulsive break of the neckline. My target is previous support which gives me a Risk/Reward of 1/2 Have a good Tuesday! The Vortex Trader
CAPITALCOM:UK100Short
by TheVortexTrader
Class A Bullish Divergence COULD be forming on BTC DailyIf BTC continues to dump without a signifiant rally, this will not play out. But if we see a recovery at this point, there is class A bullish divergence forming in the MACD. This isn't reason to believe that the bottom is in and we are heading to new all time highs, but it could be a sign of a significant reversal in the short term. Most likely, I expect that it would meet resistance in the $28.8k region where the previous accumulation structure had support. It would probably see this as resistance, bounce off and dump again, possibly breaking through that holy barrier of the last cycle's ATH. If we were to get back above that level and back into the range of the old accumulation structure then we can start having a new discussion after oscillators get reset. It is hard to be bullish given the macro economic landscape at this time.
BITSTAMP:BTCUSD
by wuliwong
RIOT bullish falling wedge!As many of my followers know, I am typically not one to talk about stocks (as my username indicates, I largely talk about cryptocurrencies). However, I do typically make exceptions when the stocks deal with crypto and/or blockchain. In this example, I want to call out the falling wedge that has occurred with RIOT blockchain. Since the all-time high (ATH) at the beginning of 2021, the price has falling over 85% to the bottom of what looks to be a falling wedge that is forming, which is often a bullish sign. This bullish trend looks further confirmed by MACD forming a nice "reversal" divergence (dotted white lines on price and MACD) indicating that a reversal very well might be in order soon. There is still some downward potential however, and the general market for both stocks and BTC could easily drag the price of RIOT further down, however, the trend for now looks like a reversal is at least possible for RIOT. But as always, this is just my opinion and in no way should be taken as financial advice. However, please like or comment if you agree or see anything in addition.
NASDAQ:RIOTLong
by crypto_trends
1
$BTC - is it time for #bitcoin to breakout?!BTC has been forming a falling wedge lately, which I have shared in my ideas several times yesterday's dip confirmed its support line and brought the price up by a few % putting it back into the falling wedge asap I want to share this signal the MACD printed in the last days: a slight bullish divergence formed, and the macd line looks ready to cross the signal line, which, being it below the 0 level, would mean a big uptrend incoming if we also manage to break out of the falling wedge with it drop a like and follow if you enjoyed, and please let me know what you think about this in the comments!
Long
by opop777
July 22' Sugar #11 Futures Technical Analysis Bearish CaseGoing back to November 18, 2021, July 22’ Sugar was in a downtrend, which was broken on Mar 1, 2022 with a close of 18.12. This began a new Primary uptrend, remaining intact until April 20, 2022. Even though this trendline was broken with conviction (closing on the lows of the day April 20), the market rallied on April 21, closing at 19.81 (6 ticks from the high). This close touched that broken trendline, but this time, from the opposite side! More importantly for April 21, the market bounced off 19.49 (low of the day), which was previous major resistance (Pink Line Mar 7-10). Previous resistance tends to become support when a market is in an uptrend. Friday, April 22 brought a solid down day, taking out not only the 19.50 level, but closing below the first major Fibonacci Level (.382) of 19.29. This day brought the most volume (78.31k contracts) since April 13. April 13 was the contract high yet closed the day forming a Gravestone Doji Top. Moving onto technical indicators, the MACD (Moving Average Convergence Divergence) is currently below its 9 EMA (bearish), and below levels not seen since Mar 18 (Sugar had a high of 18.88 that day, well below where we are trading today!). This is considered Negative Divergence, as Sugar is trading higher today, then the last time period when MACD was at these levels. Bearish Case: Up trendline on a Daily chart that is broken. Daily Gravestone Doji Top completed on the contract high. Negative MACD divergence. Currently trading below the .382 Fibonacci retracement level from the previous trendline. 18.92 (50% retracement level) is very likely to be seen sooner than later. One thing to keep in mind is that 19.50 could be revisited, yet this time acting as resistance. If 19.50 is revisited, and remains intact as resistance, a close below 19.17 in needed as confirmation to continue lower. -Paul Wankmueller CMT
ICEUS:SBN2022Short
by Paul_Wankmueller
APP Potential Spring - Waiting for backtestEyeballing APP here. On the daily we have three drives of classic bullish divergence on the MACD indicating price action reversal. So far, the price has indeed rallied. If APP can successfully backtest that $49.86 previous all-time low close here in late march, then I'll take a long with the chance for a very nice April/May return. Also, the sellers failed to push the price down to the bottom of that descending channel. Further signalling a greater chance of a reversal and eventual breakout to the upside. Entry: None yet, need a successful backtest of the spring.
NASDAQ:APPLong
by MediumOfEscape
Ford Stock: Bullish Divergence (Price vs. RSI and MACD)Ford's chart is showing bullish divergence as the stock price decreased but the RSI and MACD have increased. This suggests that the stock may have bottomed out and is poised for a rebound. Ford has a positive growth catalyst with its electric vehicle line-up: F-150 Lightning, Mustang Mach E, and E-Transit van. The company also produces hybrids. The EVs and hybrids can stimulate growth for Ford during this time of high gas prices. You can google the title: "Ford - The Future is Looking Brighter with EVs" to read more.
NYSE:FLong
by Zman1175
3
One divergence indicator to rule them allGreetings Traders, We are continuing with our (mini) series in which we break down the (seemingly endless) features of The Divergent indicator. Today we are going to discuss the various oscillators The Divergent supports detecting divergences on. In contrast to other divergence indicators on TradingView, The Divergent comes with oscillators built-in. This means you won't have to add it on top of other indicators on your chart; it is completely standalone. Why is that a good thing? It is because The Divergent respects your indicator quota - it will only use up a single slot on your chart. The Divergent ships with the following oscillators: MACD (Moving Average Convergence Divergence) RSI (Relative Strength Index) CMF (Chaikin Money Flow) Stochastic RSI MFI (Money Flow Index) TCI (Trading Channel Index, aka. WaveTrend) Balance of Power CCI (Commodity Channel Index) Awesome Oscillator Each oscillator is fully customisable, allowing you to tweak them the way you desire. To choose another oscillator, simply open The Divergent 's settings panel, and select a different one from the list. A further benefit of having the oscillators built into the indicator, is that it opens up the possibility to apply various filters to the detected divergences. For example, if you have the RSI selected, you can configure The Divergent to only signal those RSI divergences, that manifest under the oversold or above the overbought areas. These filters will be introduced in detail in future articles. To learn more about The Divergent , please see the related ideas linked at the bottom. If you liked this post, please don't forget to give it a thumbs up! If you have any questions, please feel free to ask in the comments section below. Thank you for your attention!
Education
by WhiteboxSoftware
1