Hey every one On Daily time frame the pair showed a massive head and shoulders after the uptrend The neck line was broken and the a retest has been established so this confirm the reverse of the trend to down. More than 700 pips are waiting to be achieved during the few coming weeks Happy Trading.
* Solana is on the double top now * $26.60 was previous structure resistance with the two legs of the current double top * Correction to next 61.8% fib at $14 to $15 will be next opportunity to be involved in LONG position ALSO is set on the previous source support on the green rectangle * RSI is in the overbought zone and a negative divergence with price is...
1- Positive RSI divergence 2- Price retested the major downtrend line twice 3- Beautiful hammer candle on weekly and more clear on daily + bullish engulfing next Daily Candle 4- Price rejected from 61.8% fib retracement of the latest move 5- Mega descending triangle on weekly with strong breakout and retest and bring the BTC to target price between 47Kand...
Gold is not touching the PRZ This zone is all time kill zone The price has the potential to reach 2173 but I consider touch this Zone ( which is already has been made a zone of reversal ) and will put the price at the Overbought RSI at 80s N.B Daily negative divergence between price and RSI is another confirmation Now we may triple top with all previous...
Potential cypher pattern is setting over a daily chart of bitcoin with a success rate 70% - ((3/4 of the pattern is done)) - You can aggressively trade SHORT ( C to D ) all the way down to the PRZ and look for a setting to get involved again for LONG position again - Chart is describing every peace of data with numbers - invalidation IF trend continuation closed...
Accumulating signals for both higher and lower time frame indicates the next SHORT BIG move. Pro traders will only realize what behinds the chart structure and it's deep texture. Every time price respect the analysis in terms of PRZ and divergence or even the harmonics and patterns. BE READY Plan your trade and trade your plan see you soon
Every thing is clear on the chart. This is moderate term opportunity of 2618 trade after double top and retracement back up again to 61.8% level where a short setting is over there Let's see if the price will travel to this area Happy trading
Just a quick review about the current picture BTC got reached 24K and 25K NOW look at the RSI indicator on this DAILY chart relative to the price. and let me know what do you think . . I will keep this idea neutral and waiting for your analysis
Dear traders, Once again BTC is performing a negative divergence on RSI with the DOUBLE TOP on lower time frame ( 4HR ) period. in BLUE line. This tiny divergence are setting on the higher DAILY time frame ( YELLOW ) which gives another confirmation of SHORT trade and then roll over to the previous structure support That was a quick idea to let you involved...
Just recording this video for the purpose of trying. let see if we are able get to the target or get out of the trade with stop loss
BTC may get up to 24K to 25K PRZ after breaking short term weekly down trend let's see
BTC Second confirming bearch divergence on RSI in YELLOW line is setting over the main negative divergence on the WHITE line. I'm waiting for reversal once again to the fibs lines on the previous ideas to get involved again for long term LONG position This also an area of SHORT to those are day traders and your stop are little above previous structure swing high...
BNB on weekly chart - BNB made classic double top - Neck line was broken and recovery uptrend was started - Waiting for 2618 Trade which will be a SHORT POSITION from 61.8% fib ($488) retracement of the correction of the recent impulse leg. - Negative divergence on RSI ( Yellow dashed line on the chart ) related to the price. - The Two Blue Lines reveal a...
- Double top - Negative RSI divergence - Waiting for test the lin bottom and then, break the support nick line and then retest it and then all the way down to $1270, then buy from this point and INVEST and it will break all time highs
A negative divergence in RSI is still setting on the daily BTC chart in the over bough zone Very clear This update of the previous idea is to clarify that Me personally i sold some percent of my BTC and waiting for the correction before hitting 25K Buying areas are setting there in blue horizontal lines Happy trading
As i mentioned on the last idea the divergence on Daily time frame as BTC is loosing momentum now also RSI is extremely overbought, Now here is the levels of Fib retracement of the entire last upend move Correction to there levels is a great opportunity to increase your capital Those levels at Fibs 61.8% 50% 38% 23.6% Happy trading
Looks like momentum is getting weak on DAILY timeframe and potential correction on its way to target 20K flat and 18K to test the trend line of the widget It will be a huge opportunity to be involved once again on the Major PRZ for second entry or for the traders who missed that move Let's see what will happen and i will update you all Happy Trading :)
Welcome back every one Long time from the last published idea A quick idea for you all: This week a positive RSI divergence is setting on the weekly BTC chart which confirms the trend change after he hit the PRZ several weeks ago between 18K and 11K let's watch and see what will happen Happy trading