Unemployment reversal, US 500 Market Direction Historical patterns since the 90's
Solid fundamentals, meets descending triangle solid divergence (4h+D+W!) Finally some nice uniform activity on MACD. !!!! Not financial advice buy damnnnn...
Short term divergences developed on 12 and 4hr charts. Overall bearish weekly structure is concerning. Should the rally break 8k+ this would ease investor concerns which currently look like a slow downward bottoming. 7800 - 8000 - 8600 key levels to watch during rally.
This one speaks for itself. Stop at 0.*1735 T1 .*21374 GL!
-Return to equilibrium -Divergence on RSI down to 4hr -BTC Rally Target 1: Fib 3000 level
OOOOOOk, Sorry to those who have been asking for an update for a while - time has been short. XP Following the fall from 10k we can see the daily bear divergence has resulted in a test of our 61.8 fib levels and we are now forming a nice descending wedge which has the potential to take us back to our equilibrium levels around 9200. Note the nice confluence on...
Congrats to Bulls, BTC exceeding expectations and performing rather well in May. What are we in for. Well we potentially saw a buy back zone of 9760 and a retest of our major retracement level of 61.8 from FEB which appears to have resisted a potential H&S formation. Its not surprising that we saw visit back this region before continuing onwards to our target...
-Divergence on 4h -Bull Flag in decending triangle form. BTC -1.45% to find its way to up to 9700 for ascending wedge .
Potential extension on ascending wedge Excellent R:R !! T1 9450 T2 9700
Congrats to the bulls grinding out a nice Bull divergence on the weekly chart which is now allowing me look for some reasonable entries long term. Daily charts are still overheated and bearish. A retracement to make a new daily low of 7500 would not be outlandish and could be healthy moving forward. Breaking the 7500 mark would be display market weakness and...
Ok guys, we had some relief over the last few days however. A pretty significant correction seems to be due atm. Bearish Hidden divergence. BTCUSDSHORTS looking for a recovery.
The last time we saw some hidden bullish divergence on the weekly .... Thumbs up if you would like to see a cross on ichimoku conversion line!!!
Not much needed here. Next leg down to begin shortly. We have all seen this movie before. RSI cooling off before the next dash. Some key levels to watch.
Struggle street, looks like a decent after forming this rising wedge. Bulls getting tired?
Big Day for BTC Toasted 4hr RSI levels, potential H&S Continuation, Limited volume. Feels like a short with a tight stop. Potential entry on breakdown: Entry 6945 Stop 7154 Target Sub 6.
Re Short (10% of 17% ROI) Open:7400 Stop 7450 Closes: T1 6500 T2 6100 T3 5850 Duration: 2D 12H ----------------- Resistance Significant Trendline and pivot at 6500 region. New Stop 6700 ----------------- Possible bounce to 7100 (H&S) region for potential right shoulder. Thumbs up would be appreciated & comments valued!
RSI Divergence on 2hr Retest of 7100 for H&S?.