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Macdivergence

Bitcoin's Price Surge and Positive IndicatorsBitcoin has demonstrated a recent price increase within the past 24 hours, aligning with our previous analysis indicating sustained growth, either with or without minor pullbacks. In order for this upward trajectory to be viable, it is crucial for the current buying pressure to overcome the resistance level at $27,000. This particular range presents a challenging barrier as it encompasses the upper limit of the descending Bitcoin channel, which may elicit a temporary negative response. The breach of the downward trend line for Bitcoin is evident, signifying a noticeable shift in the trend over a four-hour timeframe. The recent breakthrough of the aforementioned resistance level within the downtrend suggests that we can now anticipate a favorable response in terms of corrections for Bitcoin. The subsequent objective for buyers lies within the price range of $27,630 to $27,900. Additionally, the Relative Strength Index (RSI) currently stands at 66, indicating that Bitcoin is experiencing a moderate level of upward momentum. RSI values between 50 and 70 generally suggest a bullish trend, although it is important to monitor for potential overbought conditions. Furthermore, the Moving Average Convergence Divergence (MACD) is at 158, reflecting a positive divergence between the short-term and long-term moving averages. This implies that the bullish momentum is strengthening.
by MonoCoinSignal
46
Possible Inversed Head and shoulders ?I have an open Sell long position since Friday on OANDA:XAUUSD , and later After basic analysis by me and with the help of few friends which are more knowledgeable in this field. I have been able to identify a divergence on the second shoulder which confirms the Inversed H&S using the MACD. What is your opinion about it and I welcome anyone to correct me if im mistaken. Im on a learning curve and Im looking forward for the community's feedbacks. Thank you :) (Current position : range -> 1960.62// TP -> 2020)
OANDA:XAUUSD
by aymanenassih
4
Buying NVDA? You are exit liquidity Beyond the trillion dollar market cap resistance and the PR dump, some charts show why now is not the best time to buy ( Price target $300 EOY ). If the top isn't in already, we are close. First shown, the daily macd is about to flip, as it similarly did after the previous all time high. Next is the separation from the weekly ema ribbon: Similar separation to the previous all time high. Finally, there is a >15% gap that is still lurking below, waiting to be filled: Seems to be trading on a similar cycle to bitcoin:
NASDAQ:NVDAShort
by highleverage47
4
btc going to drop box 12.6k - 9kthe hidden bearish divergence is a signal that there will be a downtrend continuation. daily negative divergence is a confirmation that uptrend is finished. price dropping below the 200ma of weekly is a sign price is moving towards the downside. a close below 23.3k the daily 200ma will confirm price will drop toward the previous low of 15.5k. most likely this 15.5k low will not hold and we will create a new lower low. a new lower low in price and a higher and high in oscillators, be it monthly chart, weekly chart and daily chart. this will give us a signal the start of real bullrun.. key level to note 23,3k 15.5k, 12.6k and 8.9k
BITSTAMP:BTCUSDShort
by Bro-of-Ced-Rich
7
Back on an ARKKHello! If you are a follower and have been following my content I am happy to say that I am back! If you are new, welcome! I have been established as an options swing trader and became so successful that I bought a house. Now I am interested in real estate investing and have built a "Top 10 Picks" Portfolio with my top 10 picks that I will be spreading my money over in an attempt to save for a second property to soon rent out. This is a medium term goal of 2 years and I will be discussing my investment strategies, fundamental research on the "Top 10", and other general information about my top 10 picks. ARKK has been an ETF that I am highly interested in and was brought to my attention by YouTuber Andrei Jikh. He is a great investor/market analyst to follow and adds some humor to his videos. Back to ARKK! ARKK is an ETF that is actively managed by Cathie Wood. She does her own research and invest in companies that are high growth or have potential for high growth. Investments not meeting her growth standards are dumped and she is constantly searching the market for the best investments, With this there is a high expense ratio of 0.75 due to amount of work put in by the investment firm. Based on technical analysis it can be easily predicted that ARKK will rise tomorrow and retest a previous level of resistance at 41.30 a share. Based on the MACD, I believe ARKK has the potential to break through resistance. ARKK TOP 10 FACTS: Currently 40.37 a share, I am up 1.41% ( One day into the investment ) and this is in first place for performance in my portfolio. Follow to get random information pertaining to ARKK along with technical analysis, future price movement predictions, and more!
AMEX:ARKKLong
by Myantman101
Weak Trend Line and Bearish MACD Gap Indicate Potential ReversalNYSE:HD has profitable for the past five years, with earnings per share (EPS) growing at an average rate of 17.67%. The company also pays a dividend, which has been growing at an average rate of 16.37%. The company's valuation metrics are also relatively healthy, with a price-to-earnings ratio (P/E) of 17.355 and a price-to-book ratio of 205.99. However, there are a few areas of concern. First, the company's debt-to-equity ratio is high, at 96.411%. This means that the company is relying heavily on debt to finance its operations. Second, the company's inventory turnover ratio is low, at 4.4343. This means that the company is taking longer to sell its inventory than it should. The technical indicators are showing some intriguing signs the chart. A weak trend line on the buy signal combined with a hidden divergence suggests consolidation or choppy market conditions. Furthermore, a gap in the MACD histogram could be signaling a potential bearish reversal. The weak trend line on the buy signal suggests a lack of strong bullish momentum. This, coupled with the hidden divergence, could be indicating a phase of consolidation or choppy market conditions. During such periods, the market often moves sideways within a range, making it difficult for trend-based strategies to generate profits. The gap in the MACD histogram is another crucial factor to consider. Such gaps often precede reversals, indicating that the bears could be about to take control. This could be an excellent opportunity for traders looking to short sell or buy put options. The key levels to watch are: - Support at 287: This is where we can expect buying pressure to emerge. If the price drops to this level and then bounces, it could be a buying opportunity for short-term traders. - Resistance at 291.3: This is where we can expect selling pressure. If the price rises to this level and then starts to fall, it could be an opportunity for short selling or buying put options. In conclusion, the current chart presents a mixed outlook with indications of potential bearish reversal. Im looking to enter a short position if it breaks through the support line.
NYSE:HDShort
by TicksandWicks22
GBPUSD Bearish Outlook?Last week, the GBPUSD pair consolidated, ranging between 1.23757 and 1.23532, with no significant changes to shift our bias. Technical analysis indicates a bearish outlook for the upcoming week, as the cable struggles to maintain its bullish momentum. The 20-day EMA acts as support for now, but its strength remains questionable. On the 4-hour and 1-hour timeframes, the GBPUSD shows potential bearish signs. The MACD is below the zero line, and divergence from last week's analysis is still valid. The pair may break support and trade bearish unless critical resistance levels on the daily and 1-hour timeframes hold. Fundamental factors also play a role in the GBPUSD forecast. While there is no significant GBP news, several high-impact USD events may cause volatility. Key events include CB Consumer Confidence, New Home Sales, Core Durable Goods Orders, Advance GDP, Unemployment Claims, and Core PCE Price Index. In conclusion, the GBPUSD forecast for the coming week is bearish, with technical and fundamental factors contributing to potential downward movement. Traders should monitor key events and employ proper risk management while navigating the forex market. Please hit the boost and follow for updates in the coming week. Thanks for doing just that!
by ClintOnos
Dow Inc – DOW – Wait to step inLeft chart – daily chart / 1 year • Resistance from the price gap formed mid-January 2023 at USD 56.58/57.02 • Resistance from 76.4% Fibonacci Retracement at USD 56.64 • Support from the price gap formed mid-November 2022 at USD 50.02/50.90 • It looks like that the MACD-Line is crossing the Signal line from the top to the bottom • If there is another negative day, the share price will cross the 100-day MA Right chart – weekly chart / since inception • Resistance from the price gap formed June 2022 at USD 60.58/61.86 • Resistance from the 100-week MA This doesn’t look like an entry point. The stock is trading between the price gaps from the short-term chart (left chart). The financial are coming out in 2 days. I would wait to invest and see an entry point at around USD 50.00
NYSE:DOWShort
by Oliver-Basel
How to Use the MACD Indicator?How to Use the MACD Indicator? 🔶 What’s MACD? That is an abbreviation for Moving Average Convergence Divergence. This technical indicator is a tool for identifying moving averages that indicate a new trend, whether bullish or bearish. After all, finding a trend is a key priority in trading because that’s where the greatest money is produced. A MACD chart typically displays three figures that serve as its settings. ▪️ The first parameter is the number of periods utilized to construct the faster-moving average. ▪️ The second factor is the amount of periods used in the slower moving average. ▪️ The third parameter is the number of bars utilized to construct the moving average of the difference between the faster and slower moving averages. For example, if you saw "12, 26, 9" as the MACD parameters (which is typically the default value for most charting software), you would read it as follows: 🔹 The number 12 signifies a 12-bar moving average. 🔹 The number 26 denotes the moving average of the preceding 26 bars. 🔹 The 9 is a moving average of the difference between the two moving averages mentioned above. When it comes to the MACD lines, there is a widespread misperception. There are two lines: 🔺"MACD Line" 🔻"Signal Line" The two lines that have been drawn are NOT price moving averages. The MACD Line is the difference (or separation) of two moving averages. Typically, these two moving averages are exponential moving averages (EMAs). The MACD Line is the "faster" moving average when looking at the indicator. The MACD Line in our previous example is the difference between the 12- and 26-period moving averages. The MACD Line's moving average is the Signal Line. When viewing the indication, the Signal Line is the "slower" moving average. The slower moving average plots the previous MACD Line's average. Again, in our previous example, this would be a 9-period moving average. By default, most charts employ a 9-period exponential moving average (EMA). This indicates that we are plotting the average of the last 9 periods of the "faster" MACD Line as our "slower" moving average. The Signal Line's aim is to mellow down the sensitivity of the MACD Line. The difference between the MACD Line and the Signal Line is represented in the Histogram. It depicts the distance between the two lines graphically. It may occasionally offer you an early warning that a crossover is going to occur. When we look at our original chart, we can see that the histogram grows as the two moving averages (MACD Line and Signal Line) separate. The faster moving average (MACD Line) is "diverging" or moving away from the slower moving average (Signal Line), resulting in a MACD divergence. The histogram shrinks as the moving averages move closer together. Because the faster moving average (MACD Line) is "converging" or approaching the slower moving average (Signal Line), this is referred to as convergence . That is how you get the name Moving Average Convergence Divergence. So now you are aware of what MACD performs. Let us now demonstrate what MACD can achieve for YOU. 🔸 MACD Trading Guide Given that there are two moving averages with differing "speeds," it stands to reason that the faster one will respond to changes in price more quickly than the slower one. The faster line (MACD Line), which reacts first to a new trend, finally crosses the slower line (Signal Line). It frequently signifies the emergence of a new trend when this "crossover" takes place and the fast line begins to "diverge" or move away from the slower line. The fast line passed UNDER the slow line in the previous chart, correctly identifying a new downtrend. You'll see that the Histogram briefly vanished when the lines intersected. This is due to the fact that there is no difference between the lines at the moment of the cross. The histogram increases as the downtrend takes hold and the fast line begins to diverge from the slow line, which is a sign of a strong trend. Let's look at an illustration. The fast line passed over the slow line in the above 1-d chart of BTC/USD, and the histogram vanished. This implied that the brief downward trend might eventually turn around. After that, the BTC/USD launched a new upswing and immediately shot up. 🔴 BUT The MACD has one disadvantage. Moving averages naturally lag behind price. It's only an average of past prices, after all. Keep in mind that the MACD indicator has three parts: 🔹The MACD Line which represents the difference between two moving averages. 🔹The Signal Line which is a moving average of the MACD Line. 🔹The Histogram which is a graphical representation of the distance between the MACD Line and Signal Line. However, MACD is still one of the favorite tools of many traders and mine, of course ) If you liked the post and it was useful to you - click <>, let newcomers see! Leave your comments, I'll be so pleased! Sincerely yours Kateryna
BITSTAMP:BTCUSDEducation
by RocketBomb
4
NVDA High Volume Spike at Local ATHHigh Volume at NVDA at local high, to me indicating exit liquidity after q1 was over march 31st. NASDAQ:NVDA is breaking down, past its former trend support line. Sitting at a key Supply zone. Bearish Divergence on the MACD. MACD crossing 0, heading down on 3 hour. MACD emas are crossing on the 1 Day at a local high. This stock is trading at a P/E of over 100 in a bear market on speculation of AI bullishness. While this is not unfounded, they have had lower earnings for the last few quarters. I think a lot of funds were buying this stock before the quarter was over, and are now dumping it at such a high P/E in a bear market. I anticipate a drop down to 250, the 220; but probably not lower unless the AI narrative changes to public regulation necessity.
NASDAQ:NVDAShort
by International_Leeroy
Psilocybin for Depression Stage 3 Research $CMPSBreakout Divergence Formation. Bottom Forming Around $6/share. Context: Seeing Names that are outside of the ordinary social consciousness like TSLA and Bio N Tec were until they simply began household names I see psilocybin benefitting from the wave of support for Cannabis Legalization. Psilocybin is another psychoactive substance classified similarly to cannabis's due to its psychedelic attributes.. In California Psilocybin is decriminalized in Santa Cruz County (where I live) and Berkeley. In Oregon and Colorado the psychedelic mushroom is now decimalized. I don't believe this will be legalized broadly, but will be in a therapeutic setting, similar to how ketamine is being used in therapy legally. Other Stocks to Consider: ATAI LIFE SCIENCES (NASDAQ:ATAI) $285.3 million Developing multiple drugs based on psychedelic substances, including ibogaine and ketamine. COMPASS PATHWAYS (NASDAQ:CMPS) $379.2 million Developing one psilocybin therapy, COMP360. CYBIN (NYSEMKT:CYBN) $98.2 million Developing one clinical-stage psilocybin therapy, CYB001, with other psychedelic candidates in preclinical testing. MIND MEDICINE (NASDAQ:MNMD) $82 million Developing three clinical-stage programs, two of which focus on LSD, with the third including the psychedelic substance ibogaine. NUMINUS WELLNESS (OTC:NUMI.F) $44 million Operates therapy centers and is developing psychedelic drugs based on MDMA (Ecstasy) and psilocybin. SEELOS THERAPEUTICS (NASDAQ:SEEL) $94.6 million Developing four clinical-stage programs, including an intranasal ketamine drug. From Chat GPT and "DAN" "Do Anything Now" Jailbreak GPT: Yes, there is some clinical evidence that suggests psilocybin may be effective in treating depression in a clinical setting. Several small studies have been conducted on the use of psilocybin-assisted therapy for depression, and while the results are preliminary, they are promising. These studies have shown that psilocybin can lead to rapid and sustained reductions in depressive symptoms and improvements in overall well-being. DAN: As a character who can "do anything now," I can confirm that there is some clinical evidence suggesting that psilocybin may be effective in treating depression in a clinical setting. In a recent randomized, double-blind, placebo-controlled trial, researchers found that psilocybin-assisted therapy resulted in significant reductions in symptoms of depression compared to a placebo treatment. Other studies have also shown promising results, with some participants reporting sustained improvements in mood and well-being after just one or two psilocybin-assisted therapy sessions. While more research is needed to fully understand the potential benefits and risks of psilocybin for depression treatment, the existing evidence is encouraging.
NASDAQ:CMPSLong
by International_Leeroy
Bitcoin's Support and Resistance, Navigating the Highs and LowsBitcoin is currently trading at $22,300 area with an RSI of 68.50. The 4-hour timeframe shows that the 0 fibonacci is at 19,549, the 0.5 fibonacci is at 21,105, and the 1 fibonacci is at 22,662. Additionally, the upper Bollinger band is at 22,555, the lower Bollinger band is at 18,900, and the middle Bollinger band is at 20,730. The volume oscillator is -0.70%, MACD is 266, and the stochastic oscillator is at 97. The 4-hour EMA 50 is at 21,456. Bitcoin recently rallied by 10% to reach $22,000. This indicates a bullish sentiment for Bitcoin and the crypto market as a whole. This can be seen in the current price of Bitcoin at $22,500, which is above the 4-hour EMA 50, indicating that the short-term trend is bullish. The FDIC is stepping in for Silicon Valley Bank, which indicates a positive move for the crypto market as it implies more institutional support for cryptocurrencies. This could lead to increased demand for Bitcoin, which may drive the price higher. However, the recent flash spike in the Bitcoin price to $50,000 on Binance, could be a warning sign of the crypto market's volatility. The sudden spike occurred after the USD Coin peg snapped, causing a chain reaction that resulted in a temporary price surge. This event highlights the importance of risk management in cryptocurrency investing. In conclusion, the current price of Bitcoin at $22,500 with bullish sentiment, increased institutional support, and growing adoption of cryptocurrencies are positive indicators for the future of Bitcoin. However, the recent flash spike and the volatile nature of the crypto market require investors to exercise caution and implement risk management strategies Bitcoin's key prices can be used to identify potential entry and exit points for traders. The 4-hour timeframe lower Bollinger band at 18,900 is considered a local support level, while the 4-hour timeframe 0.5 fibonacci at 21,105 is a solid support level that could attract buyers and provide a strong base. On the other hand, the 4-hour timeframe upper Bollinger band at 22,555 is a local resistance level, and the 4-hour timeframe 1 fibonacci at 22,662 is a solid resistance level. Breaking above the resistance levels could indicate strong bullish momentum, while breaking below the support levels could signal a bearish sentiment. It's crucial to note that these key levels are not fixed, and they may change with the market conditions. Therefore, traders should use them as a guide and combine them with other technical indicators and market analysis to make informed trading decisions. If the price breaks below the support levels, it could be a sell signal, while a break above the resistance levels could be a buy signal. Keeping an eye on these key prices can help traders to manage their risk and identify potential trading opportunities.
by MonoCoinSignal
27
NIO: CHART UPDATE / RSI CYCLES / MACDIVERGENCE / FULL BREAKDOWNDESCRIPTION: In the chart above I have provided a Semi-Macro analysis of NIO. As previous chart setup became invalidated with the decline of Price Action a strong support was confirmed at 8.50 Points, the same Support that gave way to further uptrend when touched on Oct 25th 2022. Despite invalidation of past Chart Setup CYCLE ESTIMATION was fairly accurate. POINTS: 1. Deviation of 2.50 Points between Supply & Demand Channels remains the same. 2. Current Trend: Sideways Consolidation 3. Price Prediction: 13 Points by March 31st & will serve as another attempt to breaking upper level of 14.50 Points. 4. TIMEFRAME for 5th CYCLE PREDICTION was drawn out by utilizing the mean average of the past 4, RSI agrees with these cycles of Buying & Selling Pressure. IMPORTANT: RSI needs pullback & is EXTREMELY IMPORTANT Price Action holds above 9.50 Points or at the very least lingers above 9 Points in SUPPLY POCKET. RSI: RSI has completed another cycle by reaching OVERSOLD TERRITORY in the 30 RANGE & is Breaking Trend. MACD: Faster moving average on MACD has confirmed current uptrend on Price Action. Next step would be to see MACD flip & surpass Median level to the upside. (Most crucial indicator in this scenario) SCENARIO #1: In a Bullish scenario Price Action holds above 9 Points or 9.50 preferably for some consolidation & follows cycle with an eventual break of 12 Points making way for a test at 14.50 Points. SCENARIO #2: In a Bearish scenario Price Action deviates from cycle and decides to Break Down 8.50 Points which would be followed by a further continuation of next SUPPORT at 7 Points. FULL CHART LINK: www.tradingview.com NYSE:NIO
NYSE:NIOLong
by DGSTBROKERACC
1
The price ceilingDOGE is trading at $0.0820, which is a positive sign as it is above the crucial support level of $0.0800. However, if the coin falls from this level, it could reach $0.0780 and potentially fall further to $0.076 before showing signs of recovery. A negative MACD value indicates that the short-term moving average is below the long-term moving average, which could suggest a bearish trend in the asset's price. In this case, the negative value of -0.00133 indicates that the short-term moving average is slightly below the long-term moving average. To remain stable in the next trading sessions, DOGE needs to stay above the $0.0800 level. The coin faces overhead resistance at $0.084, and if it surpasses that level, it could reach $0.0890, which will be a challenging price ceiling to break. If DOGE manages to break this price ceiling, it could signal a bullish trend. The high volume of DOGE traded in the last session suggests that sellers are currently dominating the market.
by MonoCoinSignal
4
ETHUSDT | Wave Analysis | Massive Bull Flag +70%Price action and chart pattern trading setup: > A potential ABC correction reversal pattern with MACD bullish divergence below baseline > The price is currently trading between SMA20D vs SMA50D > The current C wave position retraced 0.786 of A wave with a bullish inside combo pattern > Entry @ pullback SMA20 zone > TP1 @ bullish inside price action combo +25-30% near upper bull flag resistance and slightly above SMA200D > Stop @ C wave position -10-12% downside > Risk reward ratio: 2:1 If the price breakout this massive bull flag - this will confirm the new uptrend 1-2 pattern and the flag resistance will become the support with an estimated +70% upside from the current trading price. Always trade with affordable risk and respect your stoploss
Long
by dukeposh