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Rsi_divergence

EOSUSDTThe price levels, which are currently 3.81, may fall further because it has broken the blue dotted line. If prices fall 12% lower and fall to the $3.2 levels (Yellow dotted line) and rise up from there, that is, if it makes a bottom again at this level, there may be a new rise. Because the RSI was 35 at the level when the price was $3.2, and it's 36 now, and it looks like we're going to fall more at this rate. The formation I briefly mentioned is a Positive Hidden Divergence. Prices are expected to rise after a positive confidential divergence. We will see if there will be this discrepancy in about a week or two. In short, it can be expected without processing right now IT IS NOT INVESTMENT ADVICE
by AtaMeta
2
Buy with WRXUSDT thinking !, rationality is the best thing on thHello dear friends Today I want to analyze WRXUSDT for you. Please follow me to deal with logic and learn. The WRXUSDT is in a long-term uptrend and the $ 1 support area is very strong. And you can trust him. The first step to enter the high is 1.5 and the first price target is in the range of 2.66 and in the long run is in the range of $ 7, which can reach higher targets if the resistance fails (not far from expectation). But the technical positive is that the RSI indicator is suffering whenever the RSI fluctuates in a small range over a few days, giving a signal to climb. Also in the last few days we have seen a high volume of transactions that can cause the WRXUSDT pump. BINANCE:WRXUSDT
Long
by mehdikr93
1
Solana!!!! Bull Flag a trap ? In my recent Analysis on Solana I've published About the Bull flag formation in SOLANA Well its our good that We are Still in profit according to that analysis but Today I have spotted a bear divergence in the RSI So that means Solana will break in near future ? Well Reversal can be seen in near 2 or 3 days but can not be much powerful. I also drew the Support zone which is at almost 129USDT,Most probably it can take support from there . Never the less Crypto Alts are dependent on Bitcoin only and BTC showed a massive cup and handle formation also the crypto total market cap On this basis only I am assuming bears are not powerful However I'm eagerly waiting for your point of views fell happy to share in the comment box ! Best of luck for your trades !!
Short
by fatehgarhiaharman
2
Weekend target of 56k possible for an ABC correctionThere looks to be a high possibility that bitcoin is currently in an ABC correction coming down from the current ATH. As shown, A ended at ~59.5k with a 5 wave correction down and now we are an ABC correction (shown in green) for a larger B correction up. I think from here bitcoin will fall back to the 61k region with a bounce to 64k to complete the B wave. Note: A break of 59.5k would invalidate this and we would have to say Wave C down has begun with Wave B ending at 63.7k and have to find new potential targets and Wave counts. Then after, 5 waves down to complete the C wave which shown by an estimation of a 1 to 1 retrace puts it near 56.5k. As to the timing I use parabolic curves (I have found to be good at finding reversals) for the B wave ending on the 4H chart: For the ending C wave: This also suggests that it may drop to around 56k as there is a strong potential for support here as shown by the green horizontal line drawn in. I would say most likely a bounce will happen in this area as long as it follows this path. There currently is hidden bullish divergence on the 4H RSI which I believe to be playing out now and also a hidden bull is showing on the daily. I believe for the daily RSI though there is potential to be a stronger hidden bull that will occur following this ABC correction Yellow - Current Hidden Bullish Divergence Green - Potential Hidden Bullish Divergence at the end of Wave C To invalidate this being an ABC correction, or to say it already completed, it will need to break the current ATH, then I will need to reassess as to where the new target may be. As to what this means overall for bitcoin I will wait and see as to what happens next. If this is a B wave we're currently in I will like to see where it ends first. After that it would be more accurate to figure out where Wave C would end and then determine what count we are starting on the larger time frames (Weekly and up). I will post more ideas to this and more about the idea of still seeing a new ATH in the near future and what the potential target(s) may be. ***Disclaimer: I am not a financial professional/expert and all ideas from me are all speculation based off of my own research. Please do your own research as well as I am not responsible for others when it comes to their financial decisions.***
COINBASE:BTCUSD
by WITSIT
Risky Bearish Divergence - small scalp potential. As you can see by the dark red snake trend and price action this symbol made a small correction during a very strong downtrend. Price just crossed the tenkan-sen and could bounce back down. At such moments I go to a lower timeframe to look at the fractals to see if we see confirmation of price returning to downtrend. There is not yet confirmation of a downtrend and likely the price will keep going up as it made a double bottom on the daily timeframe which can result in sideways behaviour or a strong uptrend. In the case of sideways action we can be at the top of the range at the moment if we see confirmation of a forming downtrend. However we see a very clear bearish RSI divergence on the 15 minute charts, I am hoping for the price to go down that is wy I set and alert line to notify me when it is going down. In the scenario of it starting to breaking bottom fractals in the lower timeframe after the divergence it is a good moment to make a quick scalp with a small stop loss (previous upper fractal or kijun sen) I do not expect the price to break previous bottom fractal of daily chart but it might as well do. I would be happy with a profit of 1-2%
Short
by Honestcowboy
4
Is the Japanese Yen Hitting a Turning Point?A look at a majors-based Japanese Yen Index (which averages JPY against USD, AUD, GBP and EUR) shows that prices are facing key support, lows from late 2017 and early 2018. Meanwhile, the index appears to be trading within the confines of a Falling Wedge. The latest test of the wedge floor could open the door to a near-term bounce to resistance, not necessarily overturning the dominant downtrend in the Japanese Yen. Positive RSI divergence also shows fading downside momentum, which can at times precede a turn higher. Keep a close eye on incoming price action for signs of a turn higher, or downtrend resumption. 1/((FX_IDC:USDJPY+FX_IDC:AUDJPY+FX_IDC:GBPJPY+FX_IDC:EURJPY)/4)
by QM_Dubrovsky
1
ETH Prime and Ready: Major Nov GainZMy Fellow Crypto Traders, Appreciate you taking the time to view my analysis which I hope you may find beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Cheers & Happy Trading! -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Analysis: RSI double top, w/ negative trend, which reflects on price action as well. Possible repeat of double bottom formation @ $2800 region for support confirmation. Whales could step in @ the 200EMA (white line) level for support. As Eth respects the green upward trend line, retest of trend could be great buying opportunities. Also BB are over expanded, which is a signal for the market is over saturated. Good opportunity would be once BB flattens out and contracts at a region of support, which could be around the $2800 to $3000 region. Good Speed, and this is not trading advice, but my opinion on market projection.
by AB_Trading-Intelligence
Achain in a parallel channel and future you can see the channel that have strong R and S in up and down. The three points on the chart are marked with squares which are the best shopping points . That is, after the price returns and at the time of failure of resistance and support. The target is the canal roof, which is marked with a green rectangle. Enter as a step, observing the Stop limit of the canal floor. Given the possibility that Bitcoin needs a correction before its historical ceiling breaks, we have a negative divergence in the indicator that eliminates the possibility of a one-time ceiling break. ( means Green way is very weak ) 150 - 350 % are min and Max profit in this setup if you follow me ....
ALong
by Ali_King_THR