The Price for Gold is making higher highs while RSI shows lower highs. This bearish divergence is an indication, that the current trend might reverse, or at least price might pull back. To be safe, you could wait until price breaks the red-dotted trendline and the go short. Profit target is the daily pivot.
My Strategy-Script (and the associated Study) CryptoArbitrageDivergenceStrategy looks for Price-Anomalies/ Divergences between Crypto-Exchanges. I started to compare price-action of NEO/USD on different exchanges and found out that the price on Bitfinex seems to follow the price on Bittrex. At the time of this writing NEO/USD had a 24h volume of a little more...
Looking at the AUDCAD 4H chart, Price is diverging against the Commodity Channel Index (CCI). This might indicate a reversal of the current downtrend. Profit Target is the weekly pivot, stop-loss is the lowest low of the past few candles. The past 3 Signals of my CCIDivergence Study were very accurate on AUDCAD / 4H, so the probability is high, that this trade...
The 4H NEOETH chart shows a bullish divergence of price vs. momentum. The momentum indicator shows the speed at which the price is changing - a divergence of price against momentum is an indication that the current trend might reverse. The oscillator window shows the momentum indicator and an exponential moving average with a length of 9 (EMA9) applied to it. As...
On the 2H XAUUSD chart, there is a bearish Divergence of Price against Momentum. This might indicate a trend-reversal: Price is expected to fall to the weekly pivot. My Indicator/ Study for TradingView "Jeddingen Divergence v4" is able to detect those Divergences in a smart way.
Price of LTCUSD is rising on OKCOIN while the Price for the same Pair is falling on BITSTAMP. This may be an indication, that the Price is reversing on OKCOIN.
There is a bearish Divergence of Price vs. the Commodity Channel Index (CCI). Price might drop to the next days "ghost" pivot.
NEO has some cool features and other advantages that are missing in Ethereum - and it shows some interesting chart formations on the daily chart. There is a symmetric triangle that can be seen as a trend continuation pattern. Since price was in an uptrend when the pattern formed, probability is high that the uptrend will continue when Price will break-out of that...
Price is diverging against the Commodity Channel Index (CCI) on the 1H LTCUSD chart. Take-Profit at the resistance, Stop-Loss at the support level.
EURNOK shows bearish Divergences of Momentum vs. Price on the 2H as well on the 4H chart. There was a strong uptrend but on the 2H chart RSI is oversold and falling. Trade entry could be right now, or when price breaks the trendline to the downside to have an extra confirmation. Target is the weekly Pivot at 9.33042, Stop-Loss the latest high at 9.3861
On March 29th a sudden Increase of Volatility happend - look at the Average True Range (ATR): this Indicator clearly shows that the daily Range of Price started to increase. Several Divergences indicate a Reversal of the current trend. Divergences of the Commodity Channel Index (CCI) against Price are shown by CCIDivergence, Divergences of Momentum against Price...
On the 2H chart, there is a Divergence of Price against Momentum. My Indicator/ Study "Jeddingen Divergence" shows green lines in case such a Divergence occurs. The past two Divergences of this kind worked very well - they are shown on the chart as well. I guess that Price will rise to 1288.551 - there is a former support that now might act as resistance.
There is a bullish CCIDivergence on the 2h AUDCAD chart. CCIDivergence means that the price moves into another direction than the Commodity Channel Index (CCI). In this case price was going down, while CCI was going up - a bullish CCIDivergence formed and is shown as a green line on the chart. I've marked older CCIDivergences on the chart and it looks like, that...
On the ETHUSD 1H chart, there is a bullish Divergence of Price vs Momentum, indicated by my "Jeddingen Divergence" Study. Price might rise at least to the resistance line at 287.53
There is a short-term divergence of price vs. CCI (CCIDivergence) on the 4h ETHUSD chart. And there is a long-term divergence of RSI vs price that is forming since almost three weeks: price is making higher lows while RSI is making lower highs. This long-term divergence could result in a massive trend-reversal but for now I guess that the CCIDivergence indicates a...
Looks like there are great Opportunities when you trade Zcash (ZECUSD) on Kraken while keeping an Eye on the Zcash movements on BITFINEX. My Strategy-Script (and the associated Study) CryptoArbitrageDivergenceStrategy looks for Price-Anomalies/ Divergences between Crypro-Exchanges. In this case we look for Situations when the Zcash Price is rising on KRAKEN while...
There was a bearish Divergence of Price against the Commodity Channel Index (CCI) on the 1H AUDCHF chart. This Divergence indicates a potential trend reversal (as it did in the past). Price might drop to the daily pivot.
There is a bearish CCIDivergence (Divergence of Price vs. the Commoditiy Channel Index) on the BTCUSD 3h chart. The past two bullish Divergences worked out pretty well, probability is high that this one works out too and price drops at least to the weekly pivot.