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Macddivergence

Expecting A Rise Based on technical analysis I see UBER dipping at the open, and then rising to test resistance. MACD & D+ show a combination of weakening bearish divergence, and growing bullish divergence. Guth 3x confirm also shows a uptrend for both price and volume. What are your thoughts? Will be posting multiple Friday predictions, comment your stock below and I will do a personal analysis and it will also help me out because I am looking for stocks to add to my watchlist. Happy Trading
NYSE:UBERLong
by Myantman101
Price Trajectory Based on candlestick analysis, level of support, MACD, and Guth 3x confirm I am bullish on Tesla for Friday. The Guth 3x confirm shows that price & volume are low on this 45min chart and that an uptrend is starting with price & I believe as volume increases, price will also increase at an increasing rate. MACD shows weakening bearish divergence while D+ shows growing bullish divergence. If you look at the 4 latest candles, 3 of the 4 have bullish wicks while the most recent wick shows a market close price at the highs for the previous 3. What does this mean? Price could drop the next 45min to test the low point of the last wick & with price so low; based on all the previous indications ( MACD, 3x confirm ) we can expect the price to rise. My 682.10 price prediction is based on the very top level of support My 688.20 price prediction is based on the bull wick of the largest bear candle My 693.12 price prediction is based on this weeks high, which I think is possible that a new high can be reached Tesla is a hard nut to crack but using all forms of technical analysis together, I have confidence in my prediction.
NASDAQ:TSLALong
by Myantman101
Apple To Test Support What a risky play on my part but I could not resist with all these indicators showing that Apple will at the very least test support. As indicated my the teal cloud below the 1 hour candles ( support ) Apple could fall below $132 a share just to test support. I bought 8 puts for AAPL to hit $132 a share by 6/25. A risky play but here is why I pulled the trigger. 5 sell signals on the Guth 3x Confirm 1 sell signal from D+ ( so accurate, the script cost a subscription ) Growing bearish divergence indicated by red cloud on D+ Growing bearish strength indicated by 1hr chart Follow to see this analysis be a bust... or a boom!
NASDAQ:AAPL
by Myantman101
3
Restaurant Brands Breakout Based on technical analysis, I see Restaurant Brands breaking through resistance which is the red cloud above the candles. Heres why I believe this, Double Buy signal on the Guth 3x confirm which is highly accurate Growing bullish divergence as indicated by the MACD and D+ ( green shadow below candles representing growing bull strength ) Daily volume is low meaning the selling of should be nearing and end initiating a bull cycle as investors buy this low Comment your thoughts below & like if you see this happening
NYSE:QSRLong
by Myantman101
1 Week Prediction Based on my technical analysis, I see ROKU hitting a minimum of $340 a share by the 11th. This price target could be reached much sooner. MACD shows growing bullish divergence while D+ also supports the increase based on low RSI & Green shadow indicating bull strength. Low RSI on the 1 hour chart shows that the stock is extremely under bought which signals investors to buy in. The red Kurotoga cloud above the candles represents resistance, Rokus highest level of resistance is exactly $340 and I believe it will break out based on the factors stated above. On top of that, the Guth 3x confirm signal at the top shows a solid green bar which represents a buy based on their algorithm. As an experienced technical analyst I have noticed the Guth 3x confirm to be increasingly accurate on higher time frames such as the 1 hour. Comment your thoughts on ROKU and follow to see this prediction be 100% accurate ( or inaccurate )
NASDAQ:ROKULong
by Myantman101
4
BTC wedge moment of truth coming up soon!A critical moment is approaching for BTC over the next few hours as the price approaches the top of a wedge (bearish pennant?) which I mentioned a few days ago (white lines). A slight peak out of the wedge has occurred over the past few hours indicating a potential to break upward which can be seen as supported by a daily MACD cross (not shown). There is still quite a bit more time needed for validation, but if such a breakout occurs, this could propel the price to near the recent Fibonacci targets from 47-52K. However, there is also likely a possibility of a continuation downward supported by MACD divergence (white line on MACD) as well as indicated by dwindling volume over the past few days. It looks like the next few hours will be the crucial to watch which way the trend heads and what we might expect over the next few days whether that be a break out upward or a bounce downward. And of course, this is not meant as financial advice and is only my opinion, but please like or comment if you agree or have any thoughts.
COINBASE:BTCUSD
by crypto_trends
2
Using the Moving Average Convergence Divergence (MACD)MACD – What it is The Moving Average Convergence Divergence (MACD) is the momentum indicator that shows the relationship between two different moving averages: 1. The 12 period exponential moving average – On Tradingview it is the Fast Length. 2. The 26 periods exponential moving average –On Tradingview it is the Slow Length. The MACD line is calculated by subtracting the 26 period EMA from the 12 period EMA. The Signal line is the 9 period exponential moving average. These two lines are then plotted on top of each other. These are the two lines you see when you turn on the MACD indicator. Additionally, there is a histogram that shows the distance between the two lines. Larger bars tell us that the MACD and Signal are further apart. When it comes to candles, size matters. The larger the candle the more momentum the trend has. The histogram will turn green when the MACD line is above 0 (bullish) and it will turn red when the MACD line is below 0 (bearish). Very bearish momentum is shown above. Photo was taken May 23, 2021. How to use the MACD The most important thing to know about the MACD is how to read the relationship between the two lines. I’ve found that the best timeframe to use the MACD with is daily. This is because the MACD is a lagging indicator and using daily data prevents a lot (not all) of false buy and sell signals. These signals are: • When the MACD line crosses above the signal line it is a buy signal • When the MACD line crosses below the signal line it is a sell signal Additionally, it is best to use the MACD in a trending market; a market with a clearly defined up or down trend. Using the MACD with trend lines is a very powerful combination. The reason for this is that if the market is moving sideways, you can see small fluctuations where the MACD and Signal Line cross but the price does not really go anywhere. These are false breakouts. Therefore, these signals are not automatic buys and sells. There are ways of confirming the indications from the MACD chart. One way is a strategy that uses the RSI and MACD together (which is beyond the scope of this text, but I will discuss in my next article). Another way is to use the MACD with the current trend. So, if you are in an uptrend and then you see a bullish cross, then this is confirmation that you are likely to go higher. The same is true in reverse. Also, please note that the cross over happens well after the price either stabilizes or rises. Again, this is because the MACD is a lagging indicator. Leading Indicator? Since the MACD and Signal lines are lagging indicators is there something that can be used in a predictive way? Some traders use the histogram as a way to predict when a reversal will occur. Since the MACD is a momentum indicator it can show us when sell pressure is alleviating. Meaning it might be a good time to buy. This doesn’t always work of course, but with good risk management (stop losses) you can often get into a position well before its breakout. Conversely, it can show you when your long position is running out of steam and can warn you when to get out. MACD Divergence Another useful way to use the MACD is to spot divergences. A bullish divergence, very similar to the RSI, is when the short-term price trend is going down but, the MACD is going up. Bearish divergence, also very similar to the RSI, is when the price trend is going up but, the MACD is going down. Trading this way is sometimes not a good idea because you are trading against the trend. Please practice good risk management if you are trading reversals. Also, notice the buy signal right before the sell signal that is circled. I really want to hammer home the point that the signals are not automatic buys and sells. Price action is a great way to confirm the reversal (to the up or down side) of a trend. Because simply spotting a divergence does not guarantee the price will follow. Final thoughts As you can see there are different ways of successfully using the MACD. I hope I’ve made a few of these ways clear in this beginner guide. Please let me know if you have any questions and if you like it, please hit the thumbs up and be sure to follow for more. Links to my Fibonacci Retracement and RSI guides are below. Thanks for reading!
Editors' picks
Education
by zsamochin
126
Interesting times for LTC!Hi all, I've been digging around in TA for a little bit, but of course with the whole crypto space being what it is nobody actually knows what will happen so happy trading and make your own informed decisions! I try to trade by patterns and some TA indicators. This run has been awesome! I am looking to up my LTC holdings through some well timed buys and sells. Currently, I am seeing an opportunity for a sell with a potential buyback within the rising channel. Of course, sometimes we see what we want to see in these charts, so again-- not financial advice. Bearish: I found a bearish RSI and MACD divergence in this run. The past few cycles when RSI has reached this point there has been a major downwards correction. Further, LTC has been trading in these triangle patterns so I am wondering what the downwards leg of this triangle will look like when it comes. Let's see how this pans out! Bullish: ALT SEASON! FOMO Huge run this morning. Rising channel breakout Good luck all
COINBASE:LTCUSDShort
by DZiggie
2
Things to look for I am bearish for UBER on the short term based on technical analysis and I have pointed everything out I look for. I will explain each aspect from Upper Left to Bottom right in order. Everything is also color coded. Sell signals: Red sell signals are given by Guth 3x confirm and D+ both of these scripts use formulas based on market to provide accurate sell signals. MACD: The king of showing divergence is the MACD. As you can see, the green bars are shrinking and fading while a new red bar is starting to form. This shows that buying strength ( green ) is weakening, and selling strength ( red ) is strengthening. Candle stick analysis: If you look at the last two 30 min candles, you can see there are two long whicks at the top instead of a solid bar, this means the price made it that high but did not close there due to price being too high, which could be a sign of resistance. Kurotoga Cloud: Finally the teal shaded cloud beneath the candles is the support level for UBER for the 30 min chart. Support is where the price can bounce off of or fall below if selling power is strong enough. The amount of space between the cloud and the candles show me there is room for price to fall. Like the analysis? Comment your favorite stock below and I'll add it to my watchlist and you can see it featured here if you are following. So make sure to follow, and like the analysis if this is the type of technical analysis you are comfortable with.
NYSE:UBERShort
by Myantman101
Do not spill your coffeeTry not to spill your coffee with this news for Wednesday, April 7th. We should see SBUX drop to a minimum of $112 a share. Indicators: MACD- Weakening bullish divergence Signals: Guth 3x confirm sell signal D+ sell signal Divergence: High levels of bearish divergence and lowering bullish volume Blue Arrow: Sell signal Orange Arrow: Price attempted to hit $114 a share but failed and is floating high above the support level as indicated by the teal Kurutoga cloud. Green horizontal line: If price reaches or falls below green line, big profits will be made. Want to see your favorite stocks analyzed? Like and comment below and I will add your stock to my watchlist.
NASDAQ:SBUXShort
by Myantman101
2
$188 By Friday Based on multiple indicators it is clear that SWKS is about to fall and here they are Guth 3x confirm: Triple sell signal D+ Large cloud of bearish divergence indicating strong bearish strength as well as 3 sell signals Kurotoga Cloud: Shows support at $188.75 but second level support at $184.48 My plan? SWKS is up post market according to Trading View but not my brokerage. Was hoping I could say the 1 hour or 2 hour chart show signs of a start of market pop tomorrow but both time frames show strong sell signals. 187.50 put is under my radar and I plan on purchasing at market open. Will keep everyone posted with trade activity. MACD also critical but I did not put that in, worth looking at.
NASDAQ:SWKSShort
by Myantman101
Wednesday Trade Many have been asking about me why I have stopped posting. I have been active in the home buying process and will be moving in to my new home in a month. I am 23 and this is my first home purchase so I am doing a lot of budgeting and excel work to plan for financial success. I apologize for the inactivity but here is a set up I put myself In by accident. I tried day trading ABBV on Tuesday, but the price kept going up and I saw this trend on the one hour chart and decided to hold my position as it does not expire until Friday. MACD is showing a decline in bullish divergence, while D+ is showing increase in bearish divergence. RSI is high indicating the stock is over bought and 3x confirm is firing off sell signals like crazy My strike price is $105 a share and I see it nearing that today.
NYSE:ABBVShort
by Myantman101
Day Trade $133 strike price I see NKE hitting $133 no later than Friday, however... Technical analysis shows we are due for an imminent dip and it will be a hard dip, here's why. Strong sell signals indicated by guth 3x triple confirm, which has pretty decent accuracy D+ showing a red cloud above the candles indicating strong bearish divergence Resistance has just been met as indicated by the Kurutoga cloud ( teal cloud beneath the candles ) MACD shows weakening bullish divergence RSI is also pretty high compared to its previous low My plan is to buy at open, let fall a few dollars and sell for a quick 50% profit. Comment your thoughts below
NYSE:NKEShort
by Myantman101
12
Shorting COF AgainI have a watchlist of stocks that I go through and find the stock with the greatest probability of reaching a certain price based on technical analysis. Based on the indicators I use, and candlestick trends. I see COF dropping again. $128 might seem like a cheesy prediction, but that is just the put I bought. It was almost $130 a share when I purchases that put today. However here are my reasons behind shorting this stock. Again :) Sell signal on guth 3x confirm Double Sell signal on D+ which is so accurate cost a subscription, D+ also shows high amounts of bearish divergence as indicated by the red cloud above the candles. Weakening bullish divergence as indicated by the MACD RSI 58 which is on the higher end for this stock Room to fall as indicated by the Kurotoga cloud which acts as a base for support ( the teal cloud under the candles ) Like if you agree that COF can hit $128 or lower this week, and comment your favorite stock below you want to see me add to my watchlist. I will be picking 1 stock a week to short or go long on. Happy trading!
NYSE:COFShort
by Myantman101
5
Put Put2021 account is growing! Mega portfolio includes some options trading to generate some cash to invest in common stock and I see a perfect opportunity here with NKE. Based on Mondays performance we can see that bullish strength is weakening based on the MACD. RSI also shows room for decline to 50 or lower, while there is a sell signal on 3x confirm. D+ shows growing bearish divergence so strong that I believe it will break below the support level of $136.26 as indicated by the Kurotoga Cloud. I am giving 4 days for NKE to hit $125 a share. Like if you agree or like the analysis overall, and comment your thoughts below.
NYSE:NKEShort
by Myantman101
5
Perfect Short Opportunity Pure technical analysis during a fundamental period of time where market is due to correct. RSI: 65.51 ( high ) near 70 which is extremely overbought and I believe we can see the RSI hit 70 today D+: Sell signal! MACD: Shows weakening bullish volume 3x Confirm: Close to initiating a sell signal Plan: I see Capital one nearing $125 tomorrow before Fridays sell off leading to further decline the week ahead. I am giving COF 1 week to hit $122. Will be buying puts.
NYSE:COFShort
by Myantman101
7