HIdden bearish divergence MACD indicates selling pressure is greater than previous sell-off. Anyone with a different view?
I feel that there is momentum for the pair to come down. Awaiting confirmation.
Price has broken out of the triangle pattern. I will be watching the pullback to previous support at 1.70000. Anyone agree?
With a 2nd inverted hammer forming on the 1hr chart at the 382 fib retrace it is possible that a 5th wave up will occur. The orange (50) and purple (200) MA's are possibly moving to golden cross.
REPBTC has retraced to 0.382 fib range and could possibly have a fib extension to 1.27.
Bear flag on the daily. Close to no support until the white lines if the flag is confirmed.
Possible cypher in formation. Bottom of a channel which could see a reversal
I will be shorting the pullback. Laddered some buys at the orange and purple lines which are the 50 and 200 MA respectively.
First time identifying a harmonic pattern, please point out what i missed. RSI shows overall lack of strength based on the two peaks. RSI also shows a bearish gartley (Don't know if harmonics can be applied to indicators) MACD weakening. Chaikin shows lack of money compared to previous peak, money may also be flowing out of the USDJPY market.
TSLA is in a rising wedge that could fall back to support and bounce hard there. Overbought on 4hr and day charts, it makes sense for TSLA to drop to support to fuel the golden crosses that could happen of 4hr and day charts.
Wait for the throwback to strong support (Top of triangle) and a bounce from there. Overbought on 1hr, expecting correction first before long.
Could go either way, bulls have lost momentum though.