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Rsidivergence

THETA/USDT LONG (W/ Video Analysis)This is the published idea for the analysis done in the video walkthrough HERE Looking to trade the RSI divergence on a 4H time frame. Keeping a tight stop loss as no confirmation of divergence has played out and I am taking the trade preemptively. Risk of loss against portfolio has been identified and accepted. Entry : $4.80 TP1 : $4.97 - To cover potential rejection of linear regression channel and possible stop out. TP2 : $5.98 - Take profit in here and will reevaluate the trade. S/L : $4.62 - A tight stop-loss here due to larger bearish indications. Methodologies and targets explained further in depth in the video 🤙
Long
by spreck
EURJPY - Bearish SharkA Bearish Shark Pattern as a countertrend trade form up on both EURJPY and GBPJPY 1-hourly chart. As we know the shark pattern can have as many as 3different entry prices, these 2 patterns only have one. And both of them has RSI Divergence. That's one thing I love about these setups. Comparing the 2, EURJPY would be a much-preferred pair as it forms upon structure. We have also learned that cherry-picking don't do us much good. I'll engage both trading setups. I'll include the link to the GBPJPY for your reference.
Short
by RaynLim
BTC current support + potential re-testAs you can see from the chart, we failed to break out from the downtrend from 64K. Current short-term support is 42K as this is the 4th test in 1 month. A break down below 42K, could take us into Range X ; which has its floor at 30K. RSI is signaling further weakness as we break below the 50 level (drawn horizontally). I want to note Bitcoin falling along-hand equity, means BTC cannot act as a safe haven; and should actually be considered a risk-on investment. As we notice Treasuries are the only thing up today.
BITSTAMP:BTCUSD
by dorfmanmaster
LYFT, Inc. SHORT POSITIONLyft Inc. is an on-demand transportation-as-a-service provider. The company is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app that has also entered the bike- and scooter-share market to bring multimodal transportation options to users. Daily RSI is still bullish but we can spot a bearish divergence, pointing at a possible pullback and re-test of previous supports. In fact, on 4 hours time frame, we can see how the prices already hit the upper level of the Keltner Channel and is now re-tracing, with a decreasing RSI. Using the Williams Fractals, we can see the bullish fractal already appeared. Due to these findings, all indicators are going at the bearish momentum, therefore a short signal is generated. Position: SHORT Entry price: $ 52.05 Target price: $ 44.76 NO FINANCIAL ADVICE
NASDAQ:LYFTShort
by vf_investment
4
ETHEREUM FINDING BULLISH MOMENTUM (LONG) or RSI Divergence?HI GUYS, I'M FIRST TIME POSTING ANALYSIS. Ethereum (ETHUSD) 1 Hour timeframe -> Short formed W. This is a make or break level and indicates a higher low with strong bullish momentum. The neckline of W can be a perfect entry ONLY WHEN price breaks the neckline (Black horizontal line - 3334) with strong momentum which will also result in 50-EMA breaking which indicates a strong buying level. The target will be a risk to reward of 1:2 which comes out to be 3463 (or you can exit at 3450 as well which was important support for previous days, so it can becomes strong resistance as well). Stop loss will be below neckline of Short formed W (3269) Therefore only take entry when : 1. Strongly breaking horizontal resistance level (3334) 2. Breaking neckline and top of short W (same levels - 3334) 3. Breaking 50 day EMA strong Once you have these 3 confirmations, you can take a trade and try for 200 EMA target as well while trailing stop loss. RISKS OF TRADE : Conversely, if the current levels do not sustain, we can see sharp selling with RSI Divergence where the power/momentum of ETHUSD has increased at same price levels (3334). This means it is in overbought zone and will likely to fall till RSI gets a support or comes around 40-42.
BITSTAMP:ETHUSDLong
by raghav_tradeit
3
Possible retest of support and RSI divergenceHey everyone, Binky here! First time posting, hope everyone can get some insight into what I think could be a turning point for the short term on ADA. Looking at the 1H chart we can see a clear down trend being formed, higher lows are being formed along with lower lows. The current levels of support based on my analysis appear to be $2.20 and $2.00, with resistance being met at $2.44. RSI shows somewhat of a divergence with higher lowes and lower highs being formed with low volume and lower prices coming in while it rises, could this be a sign for an even further dropping of the price? My personal price targets are looking at $2.10 following the channel only IF support is broken at $2.20 with the possible risk of having the price drop even further than $2.00 if it does not hold. This is all just dubious speculation of course, take everything with a grain of salt. Thank you for taking the time on reading my first post! Good luck out there and I hope everyone can make some nice gains and get in at some better prices :)
COINBASE:ADAUSDLong
by BinkyBucks
3
AUDCADIN AUDCAD we can see price is rejecting from its daily and 4H strong reistance zone and now price is forming rising wedge patterns in uptrend which is the sign of reversal one more confirmation is rsi bearish divergence but we need to confirm this after the breakout of rising wedge down side than we entr short position and out targets are wedge starting point which is 0.9284 and if this level break than we try to achieved TP2. NOW talk about stoploss which is very important so our SL is This red resistance zone 20 to 25 pips above this zone.
Short
by naumanfx_