Going 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...
Eyeballing 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...
hi guys in daily chart i found hd+ in macd(divergence) and it will touch dynamic resistance
Wave 4 completes its trend after breaking the line and enters wave 5 The waves are zigzag Waves 1 and 3 have 5 microwaves It is possible that wave 5 also has 5 microwaves. The end of wave 4 shows a regular positive divergence.
it has hd+ in macd and correction has been finished targets:2100,2150,2200
Even trash coins can provide opportunities for us, so don’t laugh. But the crypto market is looking good to me. And if the crypto market runs, Doge will run too. Doge has been grinding lower while MACD is turning up, bullish divergence. This looks ripe for a pop to 0.16-0.17 area which is the breakdown area, the point of control on the volume profile, and also a...
Hi Traders, As you can see on the 4HR chart of API3. The price has been in a downtrend while the RSI has been in an uptrend. The Daily MACD is also showing signs of a potential reversal soon! Buy now... Safe Trading, -Pulkanator
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...
Short MELI CMP $1085.36. This one is clear downtrend. Appears to be double bottom pattern but price will continue to fall to $900 area as per analysis. Trading below all major moving averages. No signs of buyer stepping in. MACD turned negative recently. Short target of $900 area coming soon which is also 200 SMA level on weekly chart.
BLACKBULL:WTI After this bull run of the oil price, in normal conditions (without war), we should also have a price correction. On time frame D1 we have a sell divergence already formed, we have a liquidity zone around the price of 93,400. If the price manages to break down the last minimum format, and close a candle below the price of 88,500 without the MACD...
Good Morning Traders! As you can see on the 4HR of Bitcoin (BTC). The price action has formed lower highs and slowing lower lows symptom of a falling wedge. The red histograms on the MACD are also showing signs of a potential convergence on the 4HR. I am confident if this pattern confirms that the target will be $44-44.3k! Set a TP for the target if entering a...
In 2020 when we had the bullish breakout, we saw a very particular sequence of events take place. We saw: 1. MACD divergence 2. Trendline Breakout 3. Double Bottom 4. BULLRUN We are now seeing a very similar sequence of events happening. So far we can see: 1. MACD divergence 2. Trendline Breakout We are yet to see Double Bottom and the BULLRUN. Trade Idea: -...
Short $NIO $29.30. Falling channel. Downtrend will continue in my opinion. Price was rejected at 200 SMA early December 2021. Made lower lows since then. Recently Tried to break above $34 area but failed to maintain the momentum. Soon will test $27 area for support. Any further sell off in this name, going to push the price down my short target of $22 area.
Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it! we see an ending channel and the price reaches the upper line of the parallel channel, at the same time, we see a divergence between the price and MACD oscillator. Byers weakness is obvious...
1. Wish showing some stability around $2.50 2. Possible short covering to make up for losses in other positions by the shorts acting as a floor 3. Possible bottom since the company is trading close to 0.8-1 expected sales for 2022 & possible break-even by the first Q 4. CEO must be announced upcoming week or the next 5. Technicals looking good with multiple...
Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! Others dominance shows people inclination to buy large Cap coins like BTC or other smaller cap coins. the price is moving in the parallel channel for 6 months. this is a valid and reliable...
Hello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! EURGBP : my last analysis is here: the price reached the lower bond of the parallel channel at the same time, it entered a strong support zone . Also, we see a divergence between MACD and the...
Take a look to one interesting thing. The ONE price is forming rising wedge, exactly like at september-november at daily time frame. Also MACD divergence is formed. I think the price can touch 4.0 and then could rollback up to 50%