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Rsidivergence

Tether Dominance - Bearish Divergence Current Market Cap - 6.3 Billion Tether dominance has risen over %284 ever since the market peaked back in November last year. However, it is starting to show weakness after it made a higher high while RSI made a lower low. The last time RSI printed a divergence, it signalled the market bottom and money started flowing back into cryptocurrency We could potentially see a similar move. The orange line below, represents the total crypto market cap. What is Tether Dominance? Tether (USDT) Dominance shows how much percent of the money is on USDT. There is 2 cause of the increase of USDT dominance. The first is that investors put cash on the market from the outside, which is due to the unfavourable weather in the market. And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT. In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed. Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas. Credit to @without_worries for allowing use of indicators.
CRYPTOCAP:USDT.DShort
by bL1TZZ
4
DXY reversal? Positive signs for the marketDXY is touching the top of a multi-year parallel channel on the monthly chart, whilst also displaying bearish divergence on the RSI. This, to me, signifies at least a small reversal over the next couple of months. This should be buillish for stocks and crypto, which are all reaching significant levels of support at the same time. There is a lot of fear in the market, and blood on the streets (at least in crypto), so I am buying in here for a swing trade. BTC: SPY: QQQ:
TVC:DXYShort
by SlumberJack92
Current state of the market and Mina reportMina chart is forming a descending triangle (bearish pattern), nonetheless don´t means that the price is going down. On the contrary can easly break up. Even more RSI is making lower highs and higher highs while price is making the same lows (bullish divergence), meaning we are getting momentum. We also can argue that this chart is forming a inverted Head & Shoulders pattern (Bullsih pattern) espeacially in the shorter time frame (12h) wich gives us confluence. We are seeing exhaustin signs of the bears in all markets. I belive we can see a relief rally to the target (marked in the chart) especially because BTC.D is facing a big resistance. Meaning 1)all alts and bitcoin have more fall ahead (alts disbelieve more than bitcoin) or 2)Alts will go up more and in a fastest way than bitcoin. In my personal opinion given the market conditions I think the second one is wich will play out in the near future. So i can start watching some alts to swing trade and day trade being Mina is one of them.
Long
by AlexandreAmaro
PTTGC | Wave Analysis | Downtrend Target Wave II ProjectionPrice action and chart pattern trading > ABC correction wave 2 is around the corner within the zone 0.5 retracement of wave I. > The current wave C extended 1.213 of wave A > Upcoming Elliott Channel breakout to confirm end of downtrend correction > Long Entry @ Channel breakout near SMA50 zone > Short-term target at SMA200 / Volume Profile Point of Control > Medium term trade target at 0.786 - 1.0 Wave I position > Stoploss at the lowest point of Wave C zone > RRR: 2:1 for short term and 3:1 for medium term trade Indicator: RSI above 50 with bullish divergence signal Always trade with affordable risk and respect your stoploss.
SET:PTTGCLong
by dukeposh