BTCUSDT seems to be reached supply zone. Price action drew a logical dynamical resistence line - top formation - in a confluent Elliot Wave count. USDT 40400 is a potential target for short swing trade in an possible impulse bearish.
The Price perfectly respecting the ascending parallel channel. Monthly chart showing 4 bar RSI Bearish Divergence as well as weekly chart also showing bearish divergence between price & its RSI momentum. Good opportunity to sell here as price also trading near all time high price.My target will be 1328---1267 & 1228 in coming day's.
A look at BTC on a higher timeframe from an RSI viewpoint. 3 Day Chart - RSI Settings (length = 21, MA = 21). Things are getting interesting! We have broken the RSI Downtrend (green) but are also sitting right at the previous broken support. (red line - previous break downs in red crosses) This line has been major RSI support since 2019. We currently have...
Hi guys I was looking at the weekly chart for bitcoin and I noticed something on the rsi. A huge hidden bearish divergence can be seen from last year's top to this year's top. I am still very bullish on bitcoin and do hope that this does not affect the price action of bitcoin in the following weeks to months even though we have had a massive break out to the 40k...
Today, we are going to look at the 240 minutes chart where a RSI BEARISH DIVERGENCE has been identified. In addition to this signal, a potential double top formation is also in progress with its trigger level @ 41'779, just above the level of 41'705 I mentioned to watch yesterday on my DAILY ANALYSIS. So watch now carefully ongoing price action in shorter time...
We gave Double Bearish Divergence on the RSI and are at the Supply Line of this Weekly Ascending Broadening Wedge. We are however very near 100 an di wouldn't be surprised if it just came to visit the area's of 100 before coming down but at this point in the chart would be a nice place to take profit or take a shot a being Bearish. As of right now the put options...
LUNA has printed a bearish divergence on the 4h chart and is running into a brick wall at the 1.272 log fib retracement from May. I'm expecting a drop to around 30
In late January KLR broke resistance and established a new support trendline. As you can see from the chart, KLR broke previous resistance in mid-January, at which time RSI crossed into overbought territory. Following this initial overbought indication we can clearly see a bearish divergence as price found higher highs numerous times while at the same time RSI...
Was quite the drop today, swapped some Gold for Bitcoin-adjacent equity QBTC - more than doubled my position, also HIVE - doubled position - did not get the best prices, but close enough. When I sold the gold prior (Mutual Fund), the timing could not be better to get a half decent price and to buy those equities on a dip prior to the weekend, where all bets on BTC...
Sell on every rise in price. A correction of the uptrend is needed. RSI bearish divergence shows it clearly. Let start putting in our sell orders.
Spotted a Bearish Butterfly Pattern on the Gold charts + Bearish RSI Divergence + Rising Wedge on the H1
Bitcoin in H4 and H3 timeframe, I detect a bearish divergence that the price could be to drop. Ok, as Bitcoin is formed a bullish rising wedge on H4 timeframe. we could see another drop unti lthe $11,350 USD. So, I closed up my long position right now when yesterday I send you an alert that BItcoin is prepared to go bullish from $11,730 USD that was my positio...
Todays analysis – FTM/USDT – consolidating at a pivotal level as trend support and structural resistance converge. Points to consider: - Key level (apex) - Swing high failure - Immediate target (structural support) - 200 EMA Support Confluence - Low volume - RSI bearish divergence Price is coiling into its apex as trend support and structural resistance...
-rsi bear div. -fibonacci -above MA200 NOT A FINANCIAL ADVISOR.
Todays Chart – Nasdaq 100 Index – Trading in blue-sky territory respecting the parabolic curve. Points to consider: - V-shape recovery - Respecting parabolic formation - Bullish trend- consecutive higher lows - Fibonacci extension target approaching (4.236) - RSI above 50 - RSI bearish divergence - Multi confluence support (200 EMA + .618 Fibonacci...
Today’s Chart – AIONBTC – Showing signs of a confirmed trend change, holding structural support will establish another higher low. Points to consider: - S/R flip at structural level - Volume steadily declining - Increased bull volume nodes - Square-up at .5 Fibonacci resistance - RSI bearish divergence Currently trading above structural support,...
Church & Dwight's stock popped up today on my daily bearish scan but I have had it on a weekly bearish watchlist since mid-August when I noted the RSI bearish divergence. Since then, the price has remained within its descending channel. With this name showing up on my bearish daily scan it may be getting ready for another leg down. $63.10 is the area where the...
The primary pattern is definitely bullish going back to the December lows. Since the selloff in May, each pullback in the SMH does not reach the support trendline. Unfortunately, prices have created a new high creating a bearish divergence with the RSI indicator. The dashed purple line shows an intermediate trendline since the price has found strength on the...