A bearish divergence is seen on the RSI as the candles show a higher high but the RSi shows a lower high than previous. There is a rising wedge which gives confluence to the a drop in price that would see ADA revisit $0.10 rages where a demand zone is waiting. This is my first shared idea in over a year let me know what you guys think.
Qsp has a pole and pennant, macD about to cross up over signal line above the center line ( zero line). Also seeing a bullish divergence with the macD giving higher lows and the price action giving lower lows. RSI above 50 and trying to break 60 resistance.
COntinuation pennent spotted on the 1 hour chart, RSI not over bought yet and macd still above center line. Resistance line broken. Lets see the bull run.
Comments welcomed.
0x was on a decent uptrend for quite sometime, but fell off of it a few times by breaking 200EMA support on 1h chart. If 50 EMA crosses 200 EMA and points up then ZRX will break the 200 EMA resistance and continue on a bullish trend. The bullish divergence is one confirmation (Blue line on RSI) and the moving averages crossing is the second. IF moving average 50...
hello everyone,
I am a couple of months new to technical analysis, and this is my first idea that I published to see if am correct on my TA. Any comments ( constructive will be appreciated).
First: On the RSI I recognized a bullish divergence ( with a green line under it), at that price the RSI was above 50 and pointing up. That's one confirmation.
Second, I...
