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Rsi_divergence

PYPL BULLISH RSI DIVERGENCEPayPall share price has been sharply down this year. Investors are scared of a slower growth in e-commerce transactions in the near future. While a slower growth in e-commerce transactions is possible in connection to the increasing probability of an economic recession in the next 12/18 months the e-commerce percentage of total world wide retail sales is expected to reach 25% in 2025 PayPall balance sheet remains strong and it’s market share as of today represents 50% of the online payment processing environment. The current RSI divergence both in the daily and weekly frequency signal an interesting opportunity to initiate a long position in PYPL
NASDAQ:PYPLLong
by MGpi
1
DAL 46.64 ShortFundamental Analysis With Airlines getting business back up and running in a slow fashion, the Airline industry as a whole has to return back to profitability. However it looks like investor confidence is still not bullish, and DAL isn't an exception to this case. For the short-run, there is still a bearish outlook for the industry considering the consistent Covid variants causing havoc. Technical Analysis Price volatility since last year month-to-month. Price is in a downtrend at resistance level of 46.64. Widening channel with no breakout creating lower lows in the price without higher highs. This is a bearish trend in the near term. MACD is flat near the zero line. RSI level at 51.80. A breakout here can signal a potential upward momentum, however confirmation with a breakout at 46.46 is also needed. Stochastics showing mixed readings so it's not valid. Fibonacci retracements showing lows have retraced to 23.6 while resistance at 61.8 level has remained steady. Candlesticks showing that every time there has been a push to the upside, a doji star has confirmed a reversal on several occassions.
NYSE:DALShort
by ashpat86
Ethereum ready to goETH is slightly on the support line (green/yellow around $2750) of an ascending channel (yellow oval). RSI is showing bullish divergence in some areas which indicates ETH is ready to go north. Right now it's at $2929 but we need to break the $3050 resistance first to confirm the start of a possible move next few days to higher levels ($3200, 3600 or maybe 4500). Any move to the downside of the $2929 support will invalidate this chart. This is just my thought and not advice to enter a trade. Do your own research.
Long
by Casablanca05
2
EUR/GBP: Shoulder Head ShoulderEuro/Great Britain Pound forming a Shoulder Head Shoulder and make this break-out. But we should need to hope a pull back like this in the blue arrow sample to take best decision and short Euro. Meanwhile, we see a bearish divergence forming in the RSI where it's speak us the weakness in the trend in this par to shorting. The RSI indicator formed higher low in 3 occasion. This it's the Shoulder Head Shoulder more better in H4 timeframe and we break out this neckline that we see. We hope next trade. Also, in Daily timeframe, we forming a demand and supply zone that I drawed here I hope that this analysis support you!!!
Short
by harisonhbn9718
2
2 Signs Ethereum's Bearish Tendency Will RevertFor a pretty long time, Ethereum has been in a bearish tendency, but, because of these signs, it will probably revert. The first one is that it is diverging. The RSI is going up despite Ethereum dropping, meaning there is a chance it will revert at any time. The second one is that it's testing the 50 EMA line. Moving Averages with high numbers (50,200, etc) normally show a market's tendency, but, because Ethereum is testing one of those numbers, it potentially means a warning that it will reverse. CRYPTOCAP:ETH
CRYPTOCAP:ETHLong
by lorinstocksinvesting