Bearish Target $1600 golden retrace on the monthly if the bearish divergence on the daily stacks into monthly divergence also would be strong momentum back to downside. The entire run up we created little to no support. Sentiment most bullish of time. People think BTC only goes up. 3700 bottom in March 2020 was never remotely tested
A lot going on here on the 4 hr chart: - RSI reach oversold level of 19 and started bullishly diverging for a full day - 4hr/12hr/Daily Hidden rsi divergence higher low possible - Macd overstretch diverged and now is crossing up Possible corrective move back up before doomville?
AMD one of the best performers of the year hit a 2.272 fib extension on the monthly previous swing in '06-'08 Bearish divergence formed at that extension perfectly on multiple time frames Weekly, Daily and 4 hr. Could have a head and shoulders top/into a descending triangle possibly with a measured move of around $ 59-53 Fuck ur calls bruh not financial...
Very clear on the 1 hr and now 4 hr charts for some hidden bearish divergence (possible continuation of trend) which was selling. We hit the .382 fib from previous high to low. I am buying puts for my next target which is the .382 fib to the downside around 306-305 area. It is possible that we move slightly higher to the .50 or even hit a full measured move of...
SQQQ - Currently sitting on the 1.618 (non-log) retracement from the last major swing low to high. - RSI showing some macro divergences - MACD as well #NasdaqIsABubble
- Quadruple Momentum Divergence - 0.618 Fib pullback - Flagging/wedge structure - 200 Day MA on Daily - Possible Higher low? Let me know your thoughts below... Follow for more soon!
Just real simple daily hidden divergence on the rsi and macd. I’m betting against the debt the trillions being pumped into this fairy market
Monthly Bullish Structure
Nasty bearish div. double top on #relativestrength and #macd inside a larger flag
This one had a decent run already tons are bullish on this when im seeing a clear bearish exhaustion at a key resistance of the 1.618 @ 444 area. This was fibbed off daily candle body close. 4hr showing some steep divergence with macd cross as well. Macro market could be turning down as well. just my thoughts and opinion
- Rising Wedge / Bearish Flag Continuation Structure - 50% retrace from High to Low - Seeing some RSI divergence exhaustion at top of the wedge - MACD loosing momentum / cross incoming - Double Bottom Potential or slightly lower low with RSI Daily RSI divergence in play?
IF We see good bounce from here some things I'm seeing are: $ Bullish divergences: 4, 6, 12 and Daily Time Frame (Need to reverse though to confirm the upswing on RSI) $ Descending broadening bottom pattern $ Hit the 50% retrace for overall 6440-10400 FIB on log $ 1 HR cooked at 8-10 very historic low
Not really much needed to say on this one. Need to breakout convincingly here or else its another bear flag at key resistance level before heading to the 0.5 FIB thats all.
Well once again everyone is bullish just like we were last time we hit this resistance block above the 200 day MA in beginning of November. I said it was Bearish then and I'm saying it again. - Very critical resistance block - Rising wedge - 5 EW count - Hidden Bearish Diveregence on RSI macro, bearish divergence past few days. -MACD Bearish -Still no volume on...
Potential setting up here on HOT with adam and even maybe. It is current right on the 50 day MA and will need to see strong support there or could potentially go lower first to form more divergence which isnt the greatest ATM. Interesting setup because it has a different pattern than most alts right now. #BTC Dominance also just lost the 200 Day MA so lets keep...
EOS just recently found support on the long term rising trendline. Bullish divergence on the daily right on the support. RSI and MACD. If this were to be end of wave 2 then we could see a structure like this play out. Just my thoughts and idea of how this could play out.
No description needed just me posting for my own record and commentary to watch and see how it plays out. Orchid (OXT)
Looking for BTC to retest back into the 6600-6700 range if this bearish head and shoulder top pattern plays out