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Rsi_divergence

BTC is oversold. We are going to see BOUNCE BACK soon!!!Hello Everyone, I was trying to make an analysis for possible bounce from last 1 week but was not able to get any glimpse on it. But, Today, after 1D candle closing, i see something which is saying few things. *We are experiencing strong drop over the last few weeks. We can clearly see Bitcoin is now oversold levels. Daily and as well as in Weekly. we are looking at such low value of RSI after very long time. * RSI value in 1W chart is 12.56. (Just check the chart to see RSI value. When was this number last seen?) *As we can see on the chart that Bitcoin is trying to make support by sideways consolidation pattern in 4H and 1H timeframe. In 1D and 1W, BTC is oversold. We may see a little pump soon. But, aware!!! we are not out of bear market. I am expecting more downwards trend in upcoming days and we may touch the level of 16K. *This is a short analysis for BTC which is showing a smart bounce very soon. Also, today is Saturday and we are closing 1W candle soon which is testing 250MA support . so bounce is expected. Kindly manage your risk accordingly and never forget to put stop-loss while trading. Its really important in such bear market. HAPPY TRADING!!! Please follow, like and share your ideas for improvement in our community.
by Mr_Mainra
BTC Swing analyzehello friends. hope u are good. you can see in my chart that maybe we are in 4th wave and we can grow till 50% retracement level (or maybe 38.2 or 61.8) and after that we can fall. also we can see the RSI trendline breaked up and it can be the buy signal. we see a divergence between RSI and price that i show it in my chart with orange circles. we see the stoch momentum in oversold area. hope u enjoy my analyze.if you like it plz support me.thanks (this is not trading advise and you must trade in your own starategy friends.)
Long
by TraderAmin-KZ
MU at support but showing signs of falling throughMU has a strong support / resistance line at the $65 mark. On the weekly chart we can see an RSI divergence. The daily chart shows it has a strong possibility of rebounding off support once again. Traders should watch the ticker at the current price levels and channels. If it pops out of the current channel on the daily chart, traders should take an aggressive long position as a swing trade. If it falls through the support level of $65 then traders should take a short position, and could honestly trade at multiple time and price targets as it will likely fall first fast (as it has cracked support) but then continue to fall for a while longer.
NASDAQ:MU
by Leveraging_P
10
GBP/CAD: Break-Out bullish rising wedgeGreat Britain Pound/Canadian Dollar was in the downside, but in that point, I see that GBP it's look with a chance to climb in this week and I see a good position to long. The price it's into this symetric triangle, but as we look very carefully, we break out this bullish rising wedge and this resistance diagonal was broke up. This it's the H4 timeframe and we see a bullish divergence in the RSI indicator making lower high and price action lower low. And also, as we break out this gray zone that I mark with 3 blue arrow, this it's a key zone to watch and possible pivot point to look as manipulation incoming. I put a long position in GBP/CAD now in the $1.5764 GBP and SL to $1.5726 GBP and target to $1.5880 GBP. I hope that this analysis support you Good luck!!!
Long
by harisonhbn9718
4