Get started

Rsidivergence

Could it break the 592? The chart says yes!TSLA is about to break the 592, the point that could create a rally to the 626. The RSI has a very strong divergence, but we must wait for the confirmation on the price. What's more, the divergence is also seen in the 4h chart. Tesla entered the support area, and it is doing some good patterns now. It also seems we have an advanced breakout. But again, there's nothing for us to do, but wait for the breakout! The price will tell us what to do, in the right time. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
It hit our target! But, what to do now?Ok, now we are losing momentum, and AAPL is getting weaker, and that's absolutely normal. We did a fantastic trade, but now it seem it is time for AAPL to rest a little. We'll see another entry point when the charts normalize. The RSI also tells us that AAPL is overbought. But even considering a possible correction ahead, let's keep in mind that the bias is bullish. We have an advamced breakout on the RSI, indicating that the price might follow this movement next. I'll keep my belief that if it breaks the 127.90 it'll seek the 131 next. In the end, it is overbought in the 30min, but still has some potential in the 4h chart. This means some possible correction in the short term, which would give opportunity to buy, aiming the 131 in the mid term. This seems to be a nice strategy for now, let's see if we'll follow it! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:AAPL
by UnknownUnicorn21312077
2
Moving according to the plan! What should we do now?As we expected, PLTR did a lateral movement today. We identified this thanks to the RSI divergence, but right now we have some hopes that PLTR will do something good next. We nailed the purple area, and right now it has a chance to hit it again. We have an advanced breakout on the RSI, and if PLTR breaks the 20.80 it'll confirm our bullish idea. The 4h chart shows how strong the purple area is, as it was a previous top at 22, and it is the 61.8% fibs retracement. If PLTR breaks this resistance, the 24 is the next stop for us. Let's watch the 20.80 in the 30min chart, as this will be our lead. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
5
Good risk-reward on Nasdaq!We have a good pattern on Nasdaq 100 today. In the 4h chart we see a good divergence between price and RSI, and there is almost a double bottom pattern. We had a strong bullish candlestick close to the support level, and the risk-reward is pretty interesting now. It must not lose today's low, though. The 13.7k is the target for now. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
TVC:NDQLong
by UnknownUnicorn21312077
2
Let's watch the 592 area!Tesla is trading in a decisive point! The 592 is a strong resistance for us, and it couldn't be defeated today. At least Tesla hit the 20ma again, and it is a nice support level. If Tesla breaks the 592 tomorrow, it might climb to the 626 next, and this would be a breakout from a pivot point, a good reversal pattern for us. In the 4h chart we have an open gap at 733, but the bias is bearish. So, we must wait for the confirmation in the 30 min chart. The RSI is pretty weird in the 4h chart, and we have a divergence in the 30 min, and if Tesla breaks the 592 resistance, we will see a nice trade ahead. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
5
Good movements on PLTR! What to expect next?Yes, PLTR hit our purple zone today, which is a resistance area , and it almost hit the technical target at 22. The 20ma is a cool support for us, but since PLTR is too overbought according to the RSI , we must be aware of possible corrections. There's nothing on the charts saying PLTR will drop, but still, we must be aware of this fact. The RSI divergence worked wonders here, and it still could hit the 22, but we might see some correction in the 30 min first. After it breaks this purple area for good, the 24 area would be the next stop for us. We'll see how to proceed tomorrow. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
6
We must watch these points from now on!PLTR is having some rest now, and the BB are getting tight again. This is normal, as the RSI was showing PLTR was too overbought in the 30 min, but there's still a lot of room for it to go higher. We have been analyzing PLTR for some time now, and it has been doing some nice technical movements. The 4h chart has a nice RSI advanced breakout, indicating that PLTR has more fuel to burn in the next days. The 22 area is the target for it, and so far, it is going well. Also, although it is overbought in the 30 min, it is trading above the 20ma, and it is breaking the 20ma in the 4h chart too. The 22 is a target because it is one of the previous top, and the 61.8% fibs retracement. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
PLong
by UnknownUnicorn21312077
2
We have some good patterns here on Tesla!Tesla is at a nice support area right now, and the risk-reward ratio is pretty good at this level. We see a double-bottom pattern in the 30 min, and a very strong RSI divergence. The 592 is the trigger for a good reversal ahead. In the 4h chart Tesla is very oversold, and if the 30 min triggers the reversal, Tesla has the 626 as its first target.Let's remember that it has an open gap at 733. All these signs make a good trade thesis for Tesla, let's watch these points closely! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NASDAQ:TSLA
by UnknownUnicorn21312077
4
SPX looking rather badThe S&P 500 Index looks extremely overextended and a downward movement is likely going forward. Currently, the SPX is in a very similar configuration to the pre-pandemic (late 2019 going into early 2020). Back then the price continued to move higher forming multiple tops while the RSI Exhaustion continued to decrease and stayed mostly bullish exhausted (colored green). As easily predictable, a significant correction took place later on and continued until late March. At that point, the chart had completely reversed showing a rather oversold situation and forming a bottom which gave us the opportunity to reenter for a new bull run. As of today, the SPX is back to a very similar configuration to one year ago: going forward a downward movement is likely. One final note on the supports. There are two major supports that will sustain the price should it start to fall. However, even the highest support is pretty far away from the current price level so there's plenty of room for triggering a downward movement.
SP:SPX
by a.b
11
PLTR is flying today! What's the targets for it?Our trade on PLTR is doing pretty well. It triggered our trade at 19, as we talked about in our last analysis, and now it almost our first target, at the first fibo retracement. The RSI divergence worked wonders here, and PLTR looks great. PLTR was extremely oversold yesterday, and it did a power bar today, and this could work as a short-term reversal point. Let's keep watching it! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
PLong
by UnknownUnicorn21312077
2
What could save Nasdaq?The Nasdaq 100 did an island reversal in the 30m chart, but it is at a support level again.The triple bottom and strong RSI divergence still persists. We have no buy sign yet, but if it does, it will be a good one. In the 4h chart, Nasdaq hit again the 13,716 and it dropped to the next support level. The next hours will be decisive for the index, and if we see anything good, we can nail a good trade. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
TVC:NDQ
by UnknownUnicorn21312077
23
Watch for the $ 34 level!Hi there! NIO keeps going down! But is there anything interesting to do around here? Despite the strond RSI divergence, I don't think so. NIO is oversold, yes, and at any moment it can reverse the movement. The problem is there's no buy sign, and NIO is heading to the 34 again: We have no divergence in the 4h chart, but it is at low levels. The 34 will be a decisive point for NIO, and we must watch it closely! The 39.50 is the target for any buy around 34. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
NYSE:NIO
by UnknownUnicorn21312077
6
Is it still worth trading PLTR? Here's an idea for you!Hello community! Well, PLTR didn't trigger the trade we were looking for, but the RSI divergence still persists. This drop only means we can buy it at a better discount, but always wait for the trigger point, ok? The trigger is the 19, and we have two targets: the 20.74 and the 22, and there's a good reason for this. These points are not only previous tops, but fibo retracements in the 4h chart. The 20.74 is the 38.2%, the 22 is the 61.8%. These are quite important points for us, and we must keep our eyes at them! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
P
by UnknownUnicorn21312077
[Educational]NIFTY Historical Double Bottom Pattern AnalysisProcess to identify Double Bottom Pattern: 1) Find out Support/Demand Zone in the script 2) Use RSI to identify any divergence in current trend 3) Place Early Entry or Wait for any candlestick pattern confirmation - i.e Hammer , Bullish Engulfing, morning star or others bullish pattern. Entry and Stop Loss: 1) Early entry at support level on basis of RSI divergence in 2nd bottom 2) Confirmation entry will be after closing of bullish candlestick Pattern 3) Stop loss should be 0.50-1% below the support zone. Exit/ Profit Booking: 1) Initial Target Will be top of this pattern. 2) If double bottom is for 'W' pattern then projected target will be top of the 'W' pattern. 3) Good way to achieve higher target is by trailing stop loss. For Trailing stop loss we can use trendlines or any other trend pattern.
NSE:NIFTY
by TradZoo
3
BITCOIN (BTCUSD) Rising Wedge Short OpportunityCOINBASE:BTCUSD Bitcoin forms rising wedge with higher highs and higher lows, signals bearish continuation trend. I am going to follow the price breaks below the trendline and maybe retest the entry point. Also wanted to take notice of RSI Divergence which hints bearish signal!! I will open position and take profit regarding to below levels; BITFINEX:BTCUSD Short Position Entry Point: 55450.00 1st Target: 50500.00 2nd Target: 44000.00 Stop Loss: 57500.00 BITSTAMP:BTCUSD Thank you and stay tuned for more strategies! Please leave a like and comment what you think. Trade safe and have a nice Sunday
BITSTAMP:BTCUSDShort
by gorkemaydogan
4